High Plains Public Radio, Jan. 24, 2023–Audrey McGlinchyIn Texas, condo owners can be forced to sell their homes. A state law passed three decades ago allows the sale of a …
Category: Top National News
Two-thirds of Americans Expect the Housing Market to Crash in the Next Three Years, According to One Survey
Morningstar/Dow Jones, Jan. 24, 2023–Aarthi SwaminathanMost adults said they feel that the housing market is headed off a cliff, but unemployment remains low and house prices are rising, albeit at …
Opinion: Unpacking the FHFA’s Zig-Zag on Multifamily Housing Goals
National Mortgage News, Jan. 24, 2023–Paul Manchester (subscription)On December 21, the Federal Housing Finance Agency published a final rule on multifamily housing goals for Fannie Mae and Freddie Mac for …
MBA: Rate Of Mortgages In Forbearance May Have Hit Bottom
National Mortgage News, Jan. 24, 2023–David KrechevskyForbearance rate has been flat for 3 months, a sign “we may have reached a floor on further improvements,” the Mortgage Bankers Association reported.https://nationalmortgageprofessional.com/news/mba-rate-mortgages-forbearance-may-have-hit-bottom
2023 Unlikely to Bring a Large Wave of CRE Distress, Predicts Walker & Dunlop Exec
Wealth Management Real Estate, Jan. 24, 2023–Buck WargoThe potential for recession in 2023 is creating further unease for many real estate investors, while still opening up new opportunities for some …
In 4Q22, loanDepot and UWM Were Busy ‘Transferring’ MSRs
Inside Mortgage Finance, Jan. 24, 2023–Paul Muolo and John Bancroft (subscription)For all of 2022, UWM transferred $98.8 billion of bulk MSRs, more than any other nonbank.https://www.insidemortgagefinance.com/articles/226809-in-4q22-loandepot-and-uwm-were-busy-transferring-msrs?v=preview
“Built-for-Rent” Single-Family Housing Forecast: Easing In 2023 And Booming In 2024/2025
Forbes, Jan. 24, 2023–Brad HunterSome real estate investors have paused to add more built-for-rent projects to their pipeline, because they fear that this booming space is about to become too …
FHFA Updates Radon Standards for GSE-Backed Multifamily Properties
Multifamily Executive/Affordable Housing Finance, Jan. 23, 2023–Christine SerlinThe Federal Housing Finance Agency has made enhancements to radon standards for Fannie Mae- and Freddie Mac-backed multifamily properties. The aligned standards for …
The Final Tally: A Stunning $1.1 Trillion of MSRs Changed Hands Last Year
Inside Mortgage Finance, Jan. 23, 2023–John BancroftThe torrid pace of servicing sales slowed a bit in the fourth quarter as pending transfers were settled and the coissuance market slumped.https://www.insidemortgagefinance.com/articles/226797-the-final-tally-a-stunning-11-trillion-of-msrs-changed-hands-last-year?v=preview
The Biden Administration is Finally Ready to Show Teeth on Housing Discrimination
Vox, Jan. 23, 2023–Rachel M. CohenFor 55 years, the Fair Housing Act has required communities to certify they are working to reduce government-sponsored segregation. But for decades, HUD did little …