GlobeSt.com, Apr. 4, 2023–Barbara BallingerFlorida faces an acute affordable housing crisis. A bill signed into law last week aims to ease this shortage through several strategies, but it will also …
Category: Top National News
Housing Expert: ‘Mortgage Rates are Becoming Much Better’
Yahoo Finance, April 4, 2023–Dylan CrollMortgage rates have declined for three weeks in a row, giving homebuyers a bigger opportunity to purchase a house, according to one housing expert.https://finance.yahoo.com/news/housing-expert-mortgage-rates-are-becoming-much-better-155919529.html
What’s on Mortgage Bankers’ Wish List for Servicing Rules
National Mortgage News, Apr. 4, 2023–Bonnie Sinnock (subscription)With the possibility of recession looming, an industry trade group has asked government entities to apply temporary foreclosure-prevention methods from the pandemic on …
Apartment Building Sales Drop 74%, the Most in 14 Years
Wall Street Journal, Apr. 4, 2023–Will Parker (subscription)Sales of rental apartment buildings are falling at the fastest rate since the subprime-mortgage crisis, a sign that higher interest rates, regional banking …
Uncle Sam Targets Pay-to-Play
National Mortgage Professional magazine, Apr. 4, 2023–Lew SichelmanBad actors reported by financial institutions seeking level playing field. (Page 12-14)https://nationalmortgageprofessional.com/magazine/nmp-magazine/vicious-victorious/digital-edition
Income from Originations, Servicing Drops in Fourth Quarter
Inside Mortgage Finance, Apr. 4, 2023–John BancroftIncome from originations and servicing separately declined by nearly 70% on a sequential basis in the fourth quarter of 2022, according to an Inside …
Spiraling Housing Prices Spark Worry About Hawaii’s Future
Associated Press, Apr. 3, 2023–Audrey McAvoyThere is an acute affordable housing crisis afflicting Hawaii, a problem so deep that there’s now widespread concern that many of Hawaii’s children won’t be …
A Phil Hall Op-ed: Still Making the Same Mistakes
WRE, Apr. 3, 2023–Phil HallNow, I am interested in housing construction technology – especially 3D solutions – and I have been focused on the creation of cost- and energy-efficient housing …
Fannie/Freddie Mandated Repurchases Ease
Inside Mortgage Finance, Apr. 3, 2023–John Bancroft2022 saw a sharp increase in seller buybacks of defective loans from the GSEs, although the pace may have turned a corner in the …
Fannie/Freddie Mandated Repurchases Ease
Inside Mortgage Finance, Apr. 3, 2023–John Bancroft (subscription)2022 saw a sharp increase in seller buybacks of defective loans from the GSEs, although the pace may have turned a corner in …