Honolulu Civil Beat, Apr. 14, 2022–Stewart YertonIt’s a longstanding complaint among homebuilders in Hawaii: land-use regulations contribute enormously to building costs, they say, driving up the price of housing. Now, …
Category: Top National News
JPMorgan’s New Manhattan Headquarters to Be All Electric Powered
Wall Street Journal, Apr. 14, 2022–Will Parker (subscription)JPMorgan Chase & Co.’s new Manhattan headquarters will rely on a hydroelectric power source, making the 1,388-foot skyscraper the tallest and largest New …
Annual Wholesale Inflation Rises Record 11.2 Percent in March
The Hill, Apr. 13, 2022–Tobias BurnsWholesale prices jumped 1.4 percent in March from February to hit a record 11.2 percent annual increase, as widespread inflation affecting the U.S. economy shows …
A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values
Inside Mortgage Finance, Apr. 13, 2022–Paul MuoloJPMorgan Chase, the first of the bank mortgage bellwethers to report 1Q22 results, originated $30.2 billion of home mortgages in the first quarter, a …
Multifamily Deals Continued to Pile In During a Busy First Quarter
Wealth Management Real Estate, Apr. 12, 2022–Bendix AndersonOn the heels of record investment sales volume on multifamily properties in 2021, early indications are that deal volume continued to flow during …
Homebuyers Are Relocating To More Affordable Areas
National Mortgage Professional, Apr. 13, 2022–Doug PageNearly one-third of Redfin users looked to move to a less expensive metro area. San Francisco and Los Angeles are the top places to …
Single Women Are Being Priced Out of Major Cities
DSNews, Apr. 13, 2022–Kyle HorstIt’s no secret that home prices are rising in nearly every corner of the country, but what does that mean for certain marginalized demographics in their …
Saks-Owner HBC Betting Big That Flex Space Is the Future of Work
Wall Street Journal, Apr. 12, 2022–Konrad Putzier (subscription)Department store owner Hudson’s Bay Co. is combining its co-working business with office-amenities company Convene, ramping up its bet that furnished and flexible …
Opinion: Solutions to Restore Housing as an Economic Growth Engine
HousingWire, Apr. 13, 2022–Alejandro BecerraHousing has always been an engine of economic growth. But that engine could stall if action isn’t taken to increase the supply of affordable housing and …
Servicer ‘Pay to Pay’ Fees Criticized by Multistate Group
National Mortgage News, Apr. 12, 2022–Bonnie Sinnock (subscription)Attorneys general from 21 states and Washington, D.C. are calling upon the Consumer Financial Protection Bureau to stop servicers from charging consumers fees …