DS News, Aug. 31, 2022–Justin FosterOver the last few years, the housing industry has acknowledged a significant legacy of housing discrimination and has emphasized addressing racial inequities. Those of us …
Category: Top National News
Second Half Looks Better for Private Equity Deal Flow
GlobeSt.com, Aug. 31, 2022–Paul BergeronA slowdown in institutional real estate deals (those of $25 million or more) due to inflation and interest-rate volatility has private-equity investors poised to have “rosier …
Powell Abandons Soft Landing Goal as He Seeks Growth Recession
Bloomberg, Aug. 31, 2022–Rich MillerForget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to …
Wall Street-Backed Player Boost Build-to-Rent Market
HousingWire, Aug. 31, 2022–Bill ConroyInstitutional giants in the single-family rental market expand home building as the overall home-start market tanks.https://www.housingwire.com/articles/wall-street-backed-players-boost-build-to-rent-market/
Freddie Mac’s Credit Risk Transfers Set Records for 2Q, First Half
National Mortgage News, Aug. 31, 2022–Bonnie Sinnock (subscription)The government-sponsored enterprise issued approximately $6.5 billion between April and June, mitigating risks on mortgages with a total unpaid principal balance of around …
New Study Shows How To Optimize Mortgage Experience
National Mortgage Professional, Aug. 31, 2022–Keith GriffinNew research released today from Snapdocs, a digital closing platform, and Stratmor Group, a mortgage industry advisory firm, uncovers common pain points during the …
First-Time Home Buyers See Some Hurdles Lowered as Others Rise
National Mortgage News, Aug. 30, 2022–Bonnie Sinnock (subscription)The slowing in residential real estate hasn’t helped with affordability in the entry-level market, but it has slightly relieved competition that previously boxed …
MBA Economists: The Overcapacity that Still Needs to Be Cut
HousingWire, Aug. 31, 2022–Mike Fratantoni, Marina Walsh, CMB, Joel KanMBA economists address a key question: “How much overcapacity was there in the industry for this level of volume, and how …
MBA Economists: The Overcapacity that Still Needs to Be Cut
HousingWire, Aug. 31, 2022–Mike Fratantoni, Marina Walsh, CMB, Joel KanMBA economists address a key question: “How much overcapacity was there in the industry for this level of volume, and how …
Mortgage Demand Falls Even Further, As Rates Shoot Back up to July Highs
CNBC, Aug. 31, 2022–Diana OlickTotal mortgage application volume fell 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 63% lower …