Bloomberg, Sept. 23, 2022–Ken GriffinGriffin’s plan to build out a presence in Brickell, a neighborhood full of high-rise towers, will propel workers heading south to hunt in one of the …
Category: Top National News
Opinion: SFR Companies Not to Blame for Lack of Inventory
HousingWire, Sept. 23, 2022–David HowardExecutive director of the National Rental Home Council disputes allegations that single-family rental home companies are responsible for lack of housing inventory, noting large companies own …
Compass Trims Tech Staff as More Firms Cut Costs
National Mortgage News, Sept. 22, 2022–Andrew MartinezThree real estate and mortgage players are reining in payrolls and operations as the industry reckons with on-going muted production volume and 14-year high …
BayFirst Financial To End Lending Nationwide, Focus On Florida
National Mortgage Professional, Sept. 23, 2022–David KrechevskySt. Petersburg, Fla.-based BayFirst Financial Corp., parent company of BayFirst National Bank, this week announced that its board of directors has initiated the process …
Homebuyers Get Relief with Slightly Lower Mortgage Payments
Mortgage Professional America, Sept. 23, 2022–Candyd MendozaHomebuyer affordability improved for the third consecutive month in August, according to the Mortgage Bankers Association’s Purchase Applications Payment Index, which measures how new …
Brokers Steamed at Fannie Mae Over TPO Fee
Inside Mortgage Finance, Sept. 23, 2022–Dennis HollierThe mortgage industry has stepped up its criticism of a 15-basis-point fee that Fannie Mae charges for broker-originated loans. The fee, which went into …
Cons and How To Spot Them
UExpress, Sept. 23, 2022–Lew SichelmanConfidence games come and go. But some seem to go on forever. Con artists are apparently still selling building lots in Florida, sight unseen, that turn …
The Housing Market Correction Will be Deep, and Ugly
HousingWire, Sept. 22, 2022–Flávia Furlan NunesYou think things are bad in the housing market now? Stick around and see if mortgage rates climb into the 7% range. If it happens, …
Your City’s Housing Boom Could Go Bust
Wall Street Journal, Sept. 23, 2022–Justin Lahart (subscription)Regional home price busts are more common occurrences than national ones and they often damage local economies. With prices up by so much …
The Fed Won’t Sell MBS Any Time Soon. Now What?
National Mortgage News, Sept. 22, 2022–Bonnie Sinnock (subscription)“The positive in yesterday’s announcement is that the Fed did not announce any ramped up expectations of sales,” David Battany, executive vice president …