HousingWire, Apr. 5, 2021–Brian Montgomery, Keith Becker, Michael MarshallThe authors, former HUD officials, said wWile it is tempting to consider cutting premiums at a time when many in our country …
Category: Top National News
Finance of America’s Price Rises in Early Trading in its Public Debut
National Mortgage News, Apr. 5, 2021–Brad Finkelstein (subscription)The forward and reverse mortgage lender completed its merger with blank check company Replay Acquisition Corp. on April 1.https://www.nationalmortgagenews.com/news/finance-of-americas-price-rises-in-early-trading-in-its-public-debut
A View from the Frontlines of the White-Hot SFR Market
Mortgage Professional America, Apr. 5, 2021–David KitaiSingle family rental is a market segment that was gaining steam into 2020 and has taken off over the course of the past year. …
Plaid is Said Close to Financing At About $13 Billion Valuation
Bloomberg, Apr. 5, 2021–Katie RoofThe financial technology firm is close to a new round of funding at a valuation of $13 billion, nearly three months after scrapping its sale to …
Yellen Pushes for Global Minimum Tax Rate on Multinational Corporations
Wall Street Journal, Apr. 5, 2021–Kate Davidson (subscription)Treasury Secretary Janet Yellen argued for a global minimum corporate tax rate Monday, as she makes the case for President Biden’s $2.3 trillion …
CRE Loan Maturities Cushioned by Willing Lenders
Commercial Property Executive, Apr. 5, 2021–Siley Fleming“There’s a strong appetite for lenders to make loans right now,” said Jamie Woodwell, vice president of commercial real estate research for the Mortgage …
The CRE Industry is Playing Defense to Preserve 1031 Exchange Tax Benefits
Wealth Management Real Estate, April 5, 2021–Patricia KirkThe 1031 tax code has been challenged by politicians many times over its 100-year history. That’s why CRE insiders believe it will survive …
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 …
If You Sell a House These Days, the Buyer Might Be a Pension Fund
Wall Street Journal, Apr. 4, 2021–Ryan Dezember (subscription)From individuals with smartphones and a few thousand dollars to pensions and private-equity firms with billions, yield-chasing investors are snapping up single-family houses …
Senior Housing Wealth Tops $8 Trillion for First Time
Reverse Mortgage Daily, Apr. 4, 2021–Chris ClowHomeowners aged 62 and older saw their collective housing wealth increase in Q4 2020 by 3% compared to the previous quarter, an increase of …