Multi-Housing News, April 6, 2021–Lew SichelmanThe Consumer Financial Protection Bureau estimates the number of residents behind on their rents will reach nearly 7 million by the end of June, columnist …
Category: Top National News
MBA Issues Statement on HUD Decision
Dodd-Frank Update, April 6, 2021Secretary of the U.S. Department of Housing and Urban Development Marcia Fudge said the agency had no “near-term” plans to change the Federal Housing Administration mortgage …
Trump HUD Official Disciplined for Violating Federal Law
Washington Post, Apr. 6, 2021–Tracy JanLynne Patton, the former Trump family aide turned HUD appointee known for pushing political boundaries during her tenure as a top housing official, has been …
What Supreme Court’s Robocall Decision Means for Banks, Credit Unions
American Banker, Apr. 6, 2021–Kevin Wack (subscription)The 9-0 ruling markedly diminishes the threat of lawsuits involving automated calls and text messages to consumers.https://www.americanbanker.com/news/what-supreme-courts-robocall-decision-means-for-banks-credit-unions
U.S. Jobs Come Roaring Back, Surprising Employers and Economists
Bloomberg, Apr. 6, 2021–Michael Sasso, Leslie PattonA resurgent job market is creating more opportunities at a faster clip than many economists and employers expected. What’s more, too few people are …
Real-Estate Losers in 2020, Like Hotel and Mall Owners, Starred in the First Quarter
Wall Street Journal, Apr. 6, 2021–Peter Grant (subscription)Real-estate investment trusts overall rose 9% during the three months, beating the S&P 500’s 6% gain, according to data-analytics firm Green Street. Fueling …
Share Of Loans In Forbearance Dips To 4.90 Percent
National Mortgage Professional, Apr. 6, 2021–Navi PersaudThe Mortgage Bankers Association’s Forbearance and Call Volume Survey reported that the number of loans currently in forbearance decreased from 4.96% to 4.90% as …
Wells Fargo’s Kristy Fercho on Big Banks vs. Startups
HousingWire, Apr. 5, 2021–Sarah WheelerHousingWire’s Editor in Chief Sarah Wheeler interviews Kristy Fercho, executive vice president and head of home lending at Wells Fargo, who also serves as the chair-elect …
Member Spotlight: Michael Briggs
Women in Housing & Finance Inc., April 2021This month’s WFH Member Spotlight features MBA General Counsel and Senior Vice President of Human Resources Michael Briggs.https://www.whfdc.org/member-spotlight
Q&A: Marcia Davies, Mortgage Bankers Association
Scotsman Guide, April 2021–Victor WhitmanCommercial real estate finance remains a heavily male- dominated industry, but women have been making inroads. Some of this progress is the product of the work …