CommercialSearch, May 31, 2022–Hugh KellyAs with so many economic changes, perspectives about work—both from the point of view of workers themselves and also their employers—manifest themselves in the real estate …
Category: Top National News
Delinquency Rates Stay Low in Q1 2022 for Commercial, Multifamily Mortgages
MortgageOrb, May 31, 2022–Ariana FineThe Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report shows a decline in commercial and multifamily mortgage delinquencies in the first quarter.https://mortgageorb.com/delinquency-rates-stay-low-in-q1-2022-for-commercial-multifamily-mortgages
IPO No: Why Real Estate Companies Stopped Going Public
HousingWire Plus, May 31, 2022–Matthew Blake (subscription)The reason is economic uncertainty, yes, but also whether anyone can truly disrupt real estate.https://www.housingwire.com/articles/ipo-no-why-real-estate-companies-stopped-going-public/
No-Doc Loans Show Signs of Growth under CDFI Exemption
National Mortgage News, May 31, 2022–Bonnie Sinnock (subsription)Volume of privately-securitized no-doc loans made by community development financial institutions is modest, but is growing along with their overall lending activity.https://www.nationalmortgagenews.com/news/no-doc-loans-show-signs-of-growth-under-cdfi-exemption
Fed Fears Hit Mortgage Bonds, Attracting Investors
Wall Street Journal, May 31, 2022–Matt Wirz (subscription)A $5.5 trillion bond market supporting the U.S. mortgage industry is being roiled by fears it will be hit in the Federal Reserve’s …
US Lodging Industry To Experience Full Recovery By 2023: Report
Benzinga, May 31, 2022–Phil HallDespite a slowdown in new hotel construction and the current high-inflation economy, CBRE is pointing to a full recovery in average daily rate this year and …
FHA/VA Endorsements Down Nearly 20% in First Quarter
Inside Mortgage Finance, May 31, 2022–Andraas MalatinszkyVA lending fell 19.6% quarter-over-quarter to $67.0 billion while FHA production dropped 18.7% to $61.7 billion. The decline in both lending programs was focused …
Amazon Slowdown Sends Shivers Through Red-Hot Warehouse Sector
Wall Street Journal, May 31, 2022–Peter Grant (subscription)Amazon. com Inc.’s decision to throttle back on its e-commerce operations threatens to slow the growth of the industrial-space sector, one of the …
Sentiment Remains Strong for the SFR Sector
Wealth Management Real Estate, May 31, 2022–David BodamerBulwarked by strong demand from renters, rising rents and some constraints on existing supply, single-family rentals in recent years rapidly emerged to become …
Fed Fears Hit Mortgage Bonds, Attracting Investors
Wall Street Journal, May 31, 2022–Matt Wirz (subscription)A $5.5 trillion bond market supporting the U.S. mortgage industry is being roiled by fears it will be hit in the Federal Reserve’s …