National Mortgage News, Jan. 18, 2023–Bonnie Sinnock (subscription)An agency servicing portfolio that Incenter has up for bid marks the first public deal above $10 billion in 2023, and there may …
Category: Top National News
Wholesale Inflation Drops Much More Than Expected in December; Retail Sales Drop 1.1%
U.S. News & World Report, Jan. 18, 2023–Tim SmartWholesale prices fell sharply in December, further evidence that inflation is moving away from the elevated levels seen last summer, the Bureau …
Mortgage Demand Jumpe Nearly 28% in One Week, as Interest Rates Drop to Lowest Point in Months
CNBC, Jan. 18, 2023–Diana OlickMortgage application volume jumped nearly 28% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.https://www.cnbc.com/2023/01/18/mortgage-demand-jumps-interest-rates-drop.html
For the First Time Since Early 2019, Ginnie Issuance Below $100B
Inside Mortgage Finance, Jan. 18, 2023–Andras MalatinszkyThe disappointing turnout caps seven straight quarters of declining MBS production. It also marked the first quarter since the beginning of 2019 that Ginnie …
Bright Spots for Real Estate: Lower Rates and Uptick in Mortgage Applications
Barrons, Jan. 18, 2023–Shaina Mishkin (subscription)Two sets of data released Wednesday offer some optimism for the housing market amid lower mortgage rates. (MBA mention)https://www.barrons.com/articles/real-estate-housing-mortgage-rates-mortgage-applications-51674059262
2023 Predictions: What’s Next For The Rental Industry?
Forbes, Jan. 18, 2023–Nathan MillerEach year, I like to step back and take stock of what the past 12 months have taught me about the evolving rental and commercial real …
What to Watch in Fintechs’ Q4 Earnings
American Banker, Jan. 17, 2023–Catherine Leffert (subscription)Large neobanks and online lenders will address the financial wellness of consumers, the security of their balance sheets and what they think 2023 will …
How the FTC’s Proposed Ban on Noncompetes Could Impact Lenders
National Mortgage News, Jan. 18, 2023–Maria Volkova (subscription)The proposed legislation will not only ban noncompetes, but may create greater scrutiny over nonsolicit clauses and set a higher burden for poaching …
Younger Commercial Real Estate Netizens Are Embracing Social Media to Make Deals
Commercial Observer, Jan. 17, 2023–Celia Young (subscription)Taco, real estate broker Kyle Inserra’s beloved French bulldog, helped Inserra score a 2018 restaurant sale in Irvington, N.Y., when a potential buyer and …
Is a Backlash Looming Against Hybrid Work Model?
Mortgage Professional America, Jan. 16, 2023–John DujayOf all of the new ways of working in the post-COVID era, the hybrid model — which mixes both on-site and remote working — …