National Mortgage News, May 26, 2022–Bonnie Sinnock (subscription)Collectively, rising rates and high home prices have added $363 to monthly home-loan payments over the last three months, according to the Mortgage …
Category: Top National News
Fixed Mortgage Rates Move Lower for the Second Week in a Row
Washington Post, May 26, 2022–Kathy OrtonFor much of this year, mortgage rates had been steadily climbing higher, reaching levels not seen in more than a decade. But these past few …
ESG in Commercial Real Estate Faces a Reckoning Amid Scrutiny Over Measures
Commercial Observer, May 26, 2022–David M. Levitt (subscription)If you expect the criticism engendered by ESG investing to stop it, you’ve got another thing coming, especially in commercial real estate.https://commercialobserver.com/2022/05/esg-commercial-real-estate-ratings-gop-democrats/
Hybrid Work Was Supposed to Create the Best of Two Worlds. It’s Turning Out to be a Challenge for Office Tenants.
Wealth Management Real Estate, May 26, 2022–Buck WargoThe need to retain talent has prompted many companies across the U.S. to implement a hybrid work model as they bring employees back …
Seth Appleton of MISMO and Summit’s Josh Goldberg Discuss Ginnie Mae, Securitization, and Digital Mortgages
Summit Podcast, May 25, 2022–Josh GoldbergOn this episode of Complexity Simplified, the Honorable Seth Appleton sits down with Summit director Josh Goldberg to discuss key topics related to Ginnie Mae, …
‘Not a Lot of Momentum’ to Reform Outdated Flood Insurance Program
National Mortgage News, May 25, 2022–Kyle Campbell (subscription)After five years of stopgap extensions, there is bipartisan support for a long-term overhaul of the National Flood Insurance Program — at least …
U.S. Core Capital Goods Orders Growth Slows in April; Shipments Increase
Reuters, May 25, 2022–Lucia MutikaniNew orders for U.S.-made capital goods increased less than expected in April, suggesting businesses could be slowing their pace of spending on equipment as they confront …
VA Removes Pre-Approval Process for Some Loans
HousingWire, May 25, 2022–Maria VolkovaThe Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who …
Metaverse & Blockchain Are Hottest Emerging Trends In Real Estate
National Mortgage Professional, May 25, 2022–Katie JensenIn 2021, more than $31 billion was invested in real estate technology companies.https://nationalmortgageprofessional.com/news/metaverse-blockchain-are-hottest-emerging-trends-real-estate
Fed Minutes Show Urgency for Raising Rates to Tame High Inflation
Wall Street Journa, May 25, 2022–Nick Timiraos (subscription)Federal Reserve officials thought they would need to raise interest rates by a half percentage point at each of their next two meetings …