National Mortgage News, Nov. 23, 2015–Ornstein, Stephen
In spite of impediments created by Dodd-Frank, and the unusually low interest rates that have characterized the residential loans markets in the past several years, credit demand, especially among nonprime borrowers, will swing the pendulum in favor of a more robust lending environment and will likely entail amendments to the existing Dodd-Frank regime.
Wall Street Journal, Nov. 24, 2015–Pleven, Liam
Overbuilding, e-commerce force landlords to get creative with new developments.
National Mortgage News, Nov. 20, 2015–Collins, Brian
The financial performance of the Federal Housing Administration’s mortgage insurance fund is expected to steadily improve over the next few years despite rising mortgage rates.
Miami Herald, Nov. 20, 2015–Harney, Kenneth R.
The challenge for condo purchasers in the past several years has been finding a condo project that is certified by FHA as qualified for mortgages on individual units.
Wall Street Journal, Nov. 20. 2015–Timiraos, Nick
White House economic advisers have produced a steady diet of white papers this year to spotlight the puzzle of sluggish productivity, which economists want a better handle on because it helps explain why incomes for the broad middle class aren’t rising. Their latest target: land-use restrictions.
New York Times, Nov. 20, 2015–Prevost, Lisa
For all the talk about the so-called millennial generation – often defined as those between ages 18 and 34 – being slow to move toward homeownership, some young adults are, surprisingly, drawn to real estate as an investment opportunity.
National Mortgage Professional, Nov. 20, 2015–Hall, Phil
Renters experienced a bit of relief in the third quarter with an easing of rental appreciation. But prospective homeowners found themselves shelling out more money for their downpayments.
HousingWire, Nov. 20, 2015–Lane, Ben
Despite being overwhelmingly defeated in the House of Representatives, the Senate is still considering a controversial spending mechanism that would see the fees charged by Fannie Mae and Freddie Mac to guarantee loans go to pay for new roads.
Reuters, Nov. 20, 2015–Dunsmuir, Lindsay
The U.S. Federal Reserve will want more uncertainty surrounding possible interest rate moves on a meeting-by-meeting basis after an initial rate hike, St. Louis Fed President James Bullard said on Friday.
St. Louis Post-Dispatch, Nov. 2015–Gallagher, Jim
New federal rules on mortgages are designed to make sure consumers understand what they’re signing up for, and prevent nasty surprises at the closing table. But the rules, which took effect last month, may also be stretching out the time it takes to close on a home purchase or refinance a loan for some.
