Wealth Management Real Estate, Apr. 25, 2022–Patricia KirkAs office tenants gravitate toward environmentally sustainable spaces, investors are paying greater attention to environmental certifications.https://www.wealthmanagement.com/office/leed-certification-gains-ever-greater-importance-office-tenants-and-investors?
Category: Top National News
Times Square Plots Its Comeback, and It Looks Like Las Vegas
Wall Street Journal, Apr. 26, 2022–Konrad Putzier and Peter Grant (subscription)New York City’s Times Square is looking to rebound from its worst economic crisis by becoming more like Las Vegas. …
Shopping for Space, Health Systems Make Over Malls
National Public Radio, Apr. 26, 2022–Blake FarmerHickory Hollow Mall, a full 1.1 million square feet of retail space in southeastern Nashville, was once the largest shopping center in Tennessee. But …
Delinquencies Ride Economic Tailwinds to Record Lows in March
National Mortgage News, Apr. 25, 2022–Andrew Martinez (subscription)The national mortgage delinquency rate hit a record low in March as economic tailwinds helped previously past-due borrowers to make significant gains toward …
Loan Growth, Fee Squeeze and More: Takeaways from 1Q Earnings
American Banker, Apr. 25, 2022–Kevin Wack, Polo Rocha, Allissa Kline, Jon PriorAt this time two years ago, the U.S. banking industry hit an inflection point. Lockdowns during the early days …
FHFA Gets Blowback on Proposed Liquidity Requirements
HousingWire, Apr. 25, 2022–Georgia KromreiDuring the market disruption in March 2020, the value of mortgage servicing rights became temporarily disconnected from mortgage rates. Large mortgage sellers and servicers faced severe …
Black Homeownership Faces New Obstacles in Crowded Property Market
The Hill, Apr. 25, 2022–Tobias Burns“The housing gap” between white and Black household ownership in the U.S. is “about as wide as it’s ever been,” said Mike Fratantoni, economist with …
Don’t Count On a Housing Slowdown to Improve Affordability
Bloomberg, Apr. 25, 2022–Conor SenAs mortgage rates continue to rise, all eyes are fixed on the housing market for signs of a potential slowdown. But any slowdown that does materialize …
A Property Tax Reckoning is Coming
HousingWire, Apr. 25, 2022–Georgia Kromrei (subscription)For those hoping to buy a home with a mortgage, property tax increases can reduce their debt-to-income ratio, and thus the amount they qualify for. …
How Fraudsters Target Mortgage Lending
National Mortgage News, Apr. 25, 2022–Spencer Lee (subscription)Mortgage lenders can be an attractive target to cybercriminals due to the value of transactions taking place and their long lists of clients …