The MReport, July 25, 2022–Eric C. PeckQuicken Inc. recently conducted a poll indicating that the combination of inflation, rising interest rates and market volatility is having a deep impact on …
Category: Top National News
Delinquencies on Ginnie MBS Increase After Long Decline
Inside Mortgage Finance, July 25, 2022–Monica Hogan (subscription)After declining for seven straight quarters, delinquency rates on single-family loans pooled in Ginnie Mae mortgage-backed securities climbed up during the second quarter …
Non-QM Lenders Are Racing to Stay Ahead of Rates
HousingWire, July 25, 2022–Bill ConroyThe non-QM lending world is in disarray, turned upside down in recent months as originators battle an unassailable force over which they have no control: fast-rising …
As Boston Apartment Rents Rise, A Renewed Push for Rent Control
Wealth Management Real Estate magazine, July 25, 2022–Bendix AndersonRent control advocates in Boston are once again pushing for new rent control laws.https://www.wealthmanagement.com/multifamily/boston-apartment-rents-rise-renewed-push-rent-control?
The U.S. Housing Market Has Gone Cold
Yahoo Finance, July 24, 2022–Sam RoHomebuyers now confront an increasingly unaffordable housing market that’s been plagued by shortages. And with the Federal Reserve forcing financing costs higher in recent months, …
Rich Americans Keep Borrowing, Defying Economic Gloom
Wall Street Journal, July 24, 2022–Rachel Louise Ensign (subscription)Wealthy people ramped up borrowing in the first half of the year despite rising rates and a stock-market rout that hit the …
Why Isn’t There a Mass Movement for Climate Action in the U.S.?
Bloomberg, July 25, 2022–Eric RostenA substantial majority of Americans, 87%, supports rebates or tax incentives for homeowners, landlords or businesses to improve the energy efficiency of existing buildings Yale and …
Non-QM Lenders Are Racing to Stay Ahead of Rates
HousingWire, July 22, 2022–Bill ConroyNon-QM lender First Guaranty Mortgage Corp. filed for Chapter 11 bankruptcy protection at the end of June, leaving four warehouse lenders on the hook for more …
More Borrowers Self-Serve, But Those Who Don’t Make Longer Calls
National Mortgage News, July 22, 2022–Bonnie Sinnock (subscription)Digital servicing strategies have reduced the number of calls mortgage companies handle, particularly amid the pandemic, however, the extent to which that has …
Blackstone Plans New $24.1B Real Estate Fund
GlobeSt.com, July 22, 2022–Erik ShermanBlackstone readies its next real estate private equity fund, Blackstone Real Estate Partners X L.P., and it’s going to be a whopper.https://www.globest.com/2022/07/21/blackstone-plans-new-24-1b-real-estate-fund/?