Benzinga, Mar. 30, 2022–Phil HallWendy Penn, associate vice president of affordable housing initiatives with the Mortgage Bankers Association, observed that the intergenerational communications about redlining and discrimination in the pre-Civil …
Category: Top National News
Waters Seeks New Federal Agency to Regulate Appraisers
Inside Mortgage Finance, Mar. 30, 2022–Sam ManasThe chair of the House Financial Services Committee is working on legislation that would create a new executive-branch “independent agency” to regulate and supervise …
Can The Office Market Survive the Great Resignation?
GlobeSt.com, Mar. 30, 2022–Erik ShermanOffice occupancy remains a worry for investors, owners, operators and even tenants who want workers back in the office. There’s enough vacant office square footage that …
Bill Would Allow Mortgage Lenders to Work Remotely on Permanent Basis
Wichita (Kansas) Business Journal, Mar. 29, 2022 (subscription)–Josh WittBy a vote of 38-1, the Kansas Senate passed legislation last week that would update the Kansas Mortgage Business Act to make …
U.S. Commercial, Multifamily Mortgage Debt Jumps to Record High in Late 2021
World Property Journal, Mar. 29, 2022–Michael GerrityAccording to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding during the final three …
A Housing Bubble is Brewing–But Not Like 2008–Says Federal Reserve Bank of Dallas
Fortune magazine, Mar. 30, 2022–Lance LambertThe stubbornly hot housing market is beginning to raise more eyebrows. Look no further than a paper published this week by the Federal Reserve Bank …
The Crisis In Housing, Part 2: The Multifamily Conundrum
Benzinga, Mar. 29, 2022–Phil Hall“If you look at vacancy rates across rental housing and homeownership housing, they’re at extremely tight levels,” said Jamie Woodwell, vice president in the research and …
A Sign of the Times: Executive Pay Adjusted Downward at Guild
Inside Mortgage Finance, Mar. 29, 2022–Paul MuoloThe top three executives of Guild Holdings took home a lot less money in 2021 as earnings at the publicly traded nonbank got clipped …
Fed Nominee Cook Clears Senate Hurdle, Setting Stage for Confirmation
American Banker, Mar. 29, 2022–Brendan Pedersen (subscription)Lisa Cook’s nomination for Federal Reserve Board governor cleared a key procedural hurdle in the Senate on Tuesday, resolving a deadlocked committee vote earlier …
Despite Prices Increasing 27 Percent, Homes More Affordable Than 2006 Peak
MortgageOrb, Mar. 29, 2022–Ariana FineFirst American Financial Corp. released the January Real House Price Index, which increased by nearly 27%, the fastest growth in the RHPI since 2004, says Mark …