Inside Mortgage Finance, Apr. 11, 2022–Paul MuoloOriginators of non-qualified mortgages looking for a secondary market execution have been whipsawed by rapidly rising rates the past several weeks, so much so …
Category: Top National News
Publicly Traded REITs Enjoyed a Strong Bounce Back in March
Wealth Management Real Estate, Apr. 11, 2022–David BodamerThe year got off to a rocky start with two straight months of declining total returns, but real estate investment trusts ended the …
Negative Adjustable-Rate Mortgages Are Back
Orange County (Calif.) Register, Apr. 9, 2022–Jeff LazersonPick a payment. Payment option ARMs. Or how about negative adjustable? San Diego-based Axos Bank is introducing a deferred-interest loan, saying its underwriting …
Is the Housing Market Finally Cooling Off?
WCNC (Charlotte, N.C.), Apr. 11, 2022–Ben ThompsonIs the housing market finally cooling off? For nearly two years, homebuyers have been faced with stiff competition and forced to shell out thousands …
U.S. Bank Earnings to Decline in First Quarter
Reuters, Apr. 8, 2022–David HenryBig U.S. banks are expected to show a sharp decline in first quarter earnings from a year ago, when they benefited from exceptionally strong dealmaking and …
A Big Leadership Shakeup at Fannie Mae
HousingWire, Apr. 8, 2022–Georgia KromreiFannie Mae CEO Hugh Frater and Sheila Bair, the chair of its board, both announced they will resign from the mortgage finance behemoth May 1. Antony …
Features That May Keep Your Residents
Multi-Housing News, Apr. 8, 2022–Lew SichelmanApartment builders might want to take a hint from the popular World War I song, “How Ya Gonna Keep ‘em Down on the Farm (After …
Rising Mortgage Rates Throw Complicated Wrench in Market
Newser, Apr. 8, 2022–John Johnson“The general view of the housing market is that it’s still positive—we have an economy that’s still extremely strong,” Joel Kan of the Mortgage Bankers Association …
Early Signs of Cooling Housing Market Seen in Some U.S. Cities, Redfin Says
Reuters, Apr. 8, 2022–Ann SaphirThere are early signs of a cooldown in some of the hottest corners of the U.S. housing market, Redfin said in a report on Friday, a …
Ocwen-CFPB Case Sent Back to Lower Court
National Mortgage News, Apr. 8, 2022–Brad Finkelstein (subscription)In a ruling that splits the differences in a long-running legal battle between the positions of Ocwen and the Consumer Financial Protection Bureau, …