Inside Mortgage Finance, Apr. 27, 2022–Andras MalatinszkyComplaints filed with the Consumer Financial Protection Bureau regarding residential lenders and servicers rose 14.3% sequentially in the first quarter of 2022, although they …
Category: Top National News
Does Increased Leasing Activity Signal Recovery for Retail Sector?
Wealth Management Real Estate, Apr. 27, 2022–Jenn ElliotOccupancy rates throughout the retail real estate industry have ticked up in recent months, leaving the sector on its best footing since before …
Adjustable-Rate Mortgage Demand Doubles as Interest Rates Hit the Highest Since 2009
CNBC, Apr. 27, 2022–Diana OlickMortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage …
The Odds of a Home Price Decline Hitting Your Local Housing Market, As Told By One Interactive Chart
Fortune magazine, Apr. 27, 2022–Lance LambertIndustry insiders tell Fortune there’s increasingly a chance that the economic shock caused by soaring mortgage rates could see home values fall in some overpriced …
Multifamily Mortgage Debt Outstanding Jumps to Record High in Q4
Multi-Housing News, Apr. 27, 2022–Jamie WoodwellStrong borrowing and lending backed by commercial and multifamily properties drove the level of total mortgage debt outstanding to a new high at the end …
81% of Flood Insurance Policyholders Will See Rate Increases, Redfin Says
National Mortgage News, Apr. 26, 2022 (subscription)When the Federal Emergency Management Agency rolled out a major overhaul to the National Flood Insurance Program last April, it promised that bigger, richer …
Senate Confirms Lael Brainard as Fed Vice Chair
CNBC, Apr. 26, 2022–Thomas FranckThe U.S. Senate on Tuesday confirmed Lael Brainard to be the Federal Reserve’s next vice chair, cementing her position as a key deputy to Chair Jerome …
Housing Shortage, Soaring Rents Squeeze U.S. College Students
NBC Bay Area, Apr. 26, 2022–Janie HarCollege students squeezed by a massive housing shortage and surging rents are paying too much for moldy apartments, commuting long distances or sleeping in …
The Hottest Places to Live Now Are Often the Most Affordable
Wall Street Journal, Apr. 26, 2022–Nicole Friedman (subscription)Less expensive cities with strong local economies climbed The Wall Street Journal/Realtor.com Emerging Housing Markets Index in the first quarter, another sign that …
And the Beat Goes On: Nonbanks Continue to Gain in GSE Servicing
Inside Mortgage Finance, Apr. 27, 2022–Dennis HollierIn the first quarter, nonbanks once again increased their grip on the Fannie Mae/Freddie Mac servicing market, according to a new ranking and analysis.https://www.insidemortgagefinance.com/articles/224420-and-the-beat-goes-on-nonbanks-continue-to-gain-in-gse-servicing?v=preview