DS News, Feb. 22, 2023–Eric C. PeckThe latest Loan Monitoring Survey from the Mortgage Bankers Association found the total number of loans now in forbearance nationwide decreased by six basis …
Category: Top National News
How Hybrid Work Is Changing Offices of the Future
Wall Street Journal, Feb. 22, 2023–Ray A. Smith (subscription)Leading architects and real-estate developers are pioneering concepts aimed at workers who are splitting their time between home and office, and they …
Little Distress Likely For Multifamily As 2023 Continues
GlobeSt.com, Feb. 22, 2023–Lynn PollackMultifamily will likely experience little distress this year, despite a deceleration in debt origination since the beginning of 2022.https://www.globest.com/2023/02/22/little-distress-likely-for-multifamily-as-2023-continues/?
Little Distress Likely For Multifamily As 2023 Continues
GlobeSt.com, Feb. 22, 2023–Lynn PollackMultifamily will likely experience little distress this year, despite a deceleration in debt origination since the beginning of 2022.https://www.globest.com/2023/02/22/little-distress-likely-for-multifamily-as-2023-continues/?
CREW Up: Working Together Toward Pay Equity in CRE
Commercial Property Executive, Feb. 22, 2023–Laura CalugarWhile younger generations are more inclined to ask for what they think they deserve than older generations—which expect their superiors to notice they’re working …
Housing Affordability Challenges of High Interest Rates
PD&R magazine/HUD User, Feb. 21, 2023Three years after the onset of COVID-19, the pandemic’s effects on the U.S. housing market and housing affordability continue to unfold. (MBA mention)https://www.huduser.gov/portal/pdredge/pdr-edge-featd-article-022123.html
How Remote Work is Changing the Office Space Market
NPR/WBUR, Feb. 21, 2023–Roben FarzadMore companies that manage large amounts of office space are defaulting on their loans. Some experts think that remote work has permanently changed the market for …
Mortgage Rates Near 7% for Spring Selling Season
WolfStreet, Feb. 21, 2023–Wolf RichterThe housing market is still frozen and potential sellers are sitting on vacant properties, hoping this too shall pass. Cash buyers, investors, second-home buyers are pulling …
February Has Quickly Changed The Rate Outlook
Mortgage News Daily, Feb. 21, 2023–Matthew GrahamHeading into the three-day weekend, we knew there was a risk that Friday’s rally was driven by position squaring (i.e. traders buying bonds in …
Mutual of Omaha Buys Keller Mortgage Assets
National Mortgage News, Feb. 21, 2023–Bonnie Sinnock (subscription)Insurance company Mutual of Omaha has purchased Keller Mortgage’s assets in a deal that will allow the real estate firm’s lending unit to …