Orange County Register, Dec. 9, 2021–Jeff LazersonCommon sense, sincere concern to end the status quo and lots of intestinal fortitude from government rulers are the metaphorical ingredients required to get …
Category: Top National News
U.S. Household Wealth Increase in Q3 Smallest of Pandemic Era, Fed Says
Reuters, Dec. 9, 2021–Ann Saphir, Lindsay DunsmuirU.S. household wealth rose to a record $144.7 trillion at the end of the third quarter, a report from the Federal Reserve showed on …
Supersized Mortgages Are Making the Agency MBS Market Riskier
Bloomberg, Dec. 9, 2021–Adam TempkinThe loans that are bundled into government-backed mortgage bonds are getting supersized as homes grow more expensive, a change that could weigh on the performance of …
Goldman Sachs Plants Its Flag in the Jumbo-Loan Gold Rush
HousingWire, Dec. 9, 2021–Bill ConroyInvestment bank Goldman Sachs, through its affiliate Goldman Sachs Mortgage Co., has sponsored 18 private-label transactions so far in 2021 backed by more than 20,000 loans …
CFPB Finds Forbearance Fee and Fair Lending Issues in Examinations
National Mortgage News, Dec. 8, 2021–Bonnie Sinnock (subscription)Late fees wrongly charged to people in forbearance, and discriminatory lending practices were among the anonymized mortgage-related violations the Consumer Financial Protection Bureau …
Mortgage Rates Show Little Change Ahead of Next Week’s Federal Reserve Meeting
Washington Post, Dec. 9, 2021–Kathy OrtonAfter a volatile late summer and early fall, mortgage rates have been stuck in a holding pattern this winter. According to the latest data released …
Non-Agency Jumbo Lending Pulls Ahead, GSEs Stub Their Toe
Inside Mortgage Finance, Dec. 9, 2021–John BancroftThe non-agency jumbo market has been thriving in 2021 but may face a stiff challenge as agency loan limits rise significantly in January, according …
If the Office Is Really a Thing of the Past, These Investors Will Make a Killing
Wall Street Journal, Dec. 9, 2021–Konrad Putzier, Peter Grant (subscription)For many years, investors saw office space as a safe and predictable place to put their money. The COVID-19 pandemic and …
The Cost of Rent Is Rising Fast. Here’s What Americans Can Do About It.
Wall Street Journal, Dec. 9, 2021–J.J. McCorvey and Julia Carpenter (subscription)Cities such as Phoenix, Tampa and Boise are seeing huge increases, forcing tenants to decide about their budgets and what …
ESG & Real Estate Go Hand in Hand
Dividend.com, Dec. 9, 2021–Aaron LevittThere are some areas and sectors where environmental, social and governance (ESG) can really make a difference. Commercial real estate is one.https://www.dividend.com/esg-channel/esg-and-real-estate-go-hand-in-hand