The New York Times, Dec. 7, 2024-Lydia DePillisAs sea levels rise and natural disasters become more intense, homes in low-lying coastal areas or tinder-dry mountains are starting to lose value.Click …
Category: Top National News
Fed Reports Uptick in HELOC Lending
Home Equity Lending News, Dec. 9, 2024While overall consumer loan demand has been flat, economic data reported by the nation’s central bank indicate that there was an uptick in home-equity …
National Housing Conference: A Conversation with Bob Broeksmit, Mortgage Bankers Association
Beyond Four Walls: Conversations on Affordable Housing by the National Housing Conference, Dec. 9, 2024–David Dworkin National Housing Conference President & CEO David Dworkin welcomed Mortgage Bankers Association President & …
A Plan to Fix the Housing Crisis
The Housing Scene by Lew Sichelman, December 6th, 2024When lawmakers come back to Washington early next year to tackle the country’s housing crisis, they will argue over various proposals to …
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts
Bloomberg, December 6, 2024-Jonnelle MarteFederal Reserve Governor Michelle Bowman on Friday said she agrees with expectations of one rate cut by end of January.Click here for more (subscription)
Fannie Finds Fraud in Multifamily Lending
Multi-Housing News, December 4, 2024-Lew SichelmanFannie Mae is implementing changes in its underwriting requirements to help mitigate fraudulent activity risk, columnist Lew Sichelman reports.Click here for more
Trigger Leads Stripped Out of Defense Bill, Won’t Pass This Year
HousingWire, Dec. 6, 2024–Flávia Furlan NunesA bill aimed at limiting the use of credit trigger leads was excluded from the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA), the …
Fed’s Regional Survey Reflects Slight Economic Growth
The Wall Street Journal, Dec. 4, 2024-Matt GrossmanEconomic activity was up slightly in most parts of the country in recent weeks, the Federal Reserve said in its final regional economic …
Why Developers Are Turning to Shopping Malls to Fix the Housing Crisis
CNBC, Dec. 5, 2024-Gabrielle FonrougeSay hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for …
Rising Costs Put Pressure on Affordable Housing Despite Income Growth
Globe St., Dec. 5, 2024-Mario MarroquinOwners of affordable housing properties are facing rising operational costs, but higher income is helping offset some of those pressures.Click here for more