HousingWire, July 28, 2022–Bill ConroyThe U.S. House of Representatives passed a bill late Wednesday creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations. Mortgage Bankers …
Category: Top National News
Biden’s Plan to Boost Affordable Housing Applauded by Industry
Mortgage Professional America, July 28, 2022–Candyd MendozaPresident Biden’s move to combat the housing supply crisis has been met with praise from housing industry players, with most promising to continue working …
Rising Interest Rates Scramble Student Housing Deals
Wealth Management Real Estate, July 29, 2022–Bendix AndersonDespite repricing taking place in the sector, overall fundamentals remain healthy with leasing for the 2022-23 academic year at healthy levels.https://www.wealthmanagement.com/student-housing/rising-interest-rates-scramble-student-housing-deals?
The Overlooked Upside of Higher Interest Rates
Commercial Property Executive, July 29, 2022–Peter LinnemanAs the pandemic raged in August 2020, the Federal Reserve signaled a major policy shift by changing its inflation target from a fixed rate …
Housing Economists: Mortgage-Rate Volatility Likely to Level Off Even With Federal Reserve Interest Rate Hikes
The National Observer: Real Estate Edition, July 28, 2022–Ashley FaheyDespite an interest-rate hike of three-quarters of a percent by the Federal Reserve on Wednesday, and additional increases likely still to …
Home Mortgage Firm Mr. Cooper Laid Off Almost 700 Employees as Loan Demand Sank
Dallas Morning News, July 28, 2022–Mitchell Parton (subscription)Mr. Cooper Group Inc., one of the largest servicers and originators of home loans in the nation, saw its earnings and revenues sink …
Biden’s Plan to Boost Affordable Housing Applauded by Industry
Mortgage Professional America, July 28, 2022–Candyd MendozaPresident Biden’s move to combat the housing supply crisis has been met with praise from housing industry players, with most promising to continue working …
U.S. House Passes Remote Online Notarization Bill
HousingWire, July 28, 2022–Bill ConroyThe U.S. House of Representatives passed a bill late Wednesday creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations. Robert Broeksmit, …
U.S. House Passes Remote Online Notarization Bill
HousingWire, July 28, 2022–Bill ConroyThe House of Representatives passed a bill Wednesday creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations. Robert Broeksmit, president and …
New ‘Second Mortgage’ Could Help Self-Employed Borrowers Weather a Recession
Orange County Register, July 28, 2022–Jeff LazersonBusiness owners may be able to ride out a possible recession by tapping their home equity, thanks to a new “second mortgage” product that …