Bloomberg, Aug. 23, 2022–Claire Ballentine, Charlie WellsAfter snagging raises and perks during the pandemic labor market upheaval, workers report concerns about the economy, pay and remote work in a new …
Category: Top National News
America’s Office Glut Started Decades Before Pandemic
Wall Street Journal, Aug. 23, 2022–Konrad Putzier (subscription)A surplus of empty office space threatens to hollow out U.S. business districts. Don’t blame the pandemic. America’s office glut has been decades …
New Home Purchase Applications Stalled by Economic Uncertainty
Mortgage Professional America, Aug. 23, 2022–Candyd MendozaAccording to the Mortgage Bankers Association, home purchase applications tumbled 16.1% year over year. That’s compared to June, when applications dropped by 7%.https://www.mpamag.com/us/mortgage-industry/market-updates/new-home-purchase-applications-stalled-by-economic-uncertainty/417805
Better.com Founder Garg Says Lender Committed to ‘Greater Capitalization’
Inside Mortgage Finance, Aug. 23, 2022–Paul MuoloBetter.com, the controversial mortgage fintech, hasn’t quite given up the dream of becoming a publicly traded company via a special purpose acquisition company maneuver, …
Should CRE Plan for Permanently High Inflation?
GlobeSt.com, Aug. 23, 2022–Eric ShermanIf you think high inflation is a temporary thing and the world will be back to pre-pandemic normal, you’re at odds with some of the world …
Why Fannie Mae’s Mortgage Outlook Has Dimmed Despite Falling Fates
National Mortgage News, Aug. 22, 2022–Bonnie Sinnock (subscription)Mortgage rates have declined a little recently, and that’s usually good news for housing, but an influential industry forecast released Monday nevertheless got …
Opinion: LOs, It’s Time to Refresh Your Mindset
HousingWire, Aug. 22, 2022–Tracy ChonglingHow can you find a way to better center yourself mentally during a slower market? Finding the time to focus on ourselves is no doubt a …
A Group of Apple Employees Protests Company’s Three-Day-a-Week Office Policy
Wall Street Journal, Aug. 22, 2022–Alyssa Lukpat (subscription)Some of the tech giant’s workers have signed a petition asking for more flexible working arrangements ahead of next month’s mandated return to …
New Apartments at 50-Year High May Ease Pressure on US Rents
Bloomberg, Aug. 22, 2022–Alexandre TanziThis year, 420,000 apartments are expected to be delivered nationwide, according to a study by listing service RentCafe. It would be the second year in a …
6 Questions Mortgage Lenders Must Answer Before Offering Home Equity Products
National Mortgage News, Aug. 22, 2022–Brad Finkelstein (subscription)Both bank and nonbanks are starting in — or returning to — this segment as they look to make up for declining originations. …