Wall Street Journal, June 15, 2021–Peter Grant (subscription)Office towers and nearby businesses in central business districts are missing out on the strong economic recovery, largely because the rise in vaccinations …
Category: Top National News
Black Knight Inc. Appoints Anthony Jabbour As New Board Chairman
National Mortgage Professional, June 14, 2021–Katie JensenWilliam P. Foley, II, a director and Chairman of the Board of Black Knight, Inc. announced his intention to retire from the Black Knight …
Hotel Industry Emerges from Pandemic with New Business Model, Possibly Fewer Workers
Washington Post, June 14, 2021–Eli RosenbergAs Americans travel more, they are encountering a hotel industry that has undergone dramatic transformations and might never return to its pre-pandemic business model.https://www.washingtonpost.com/business/2021/06/11/hotel-workers-reduced-cleaning/
Home Appraisal’s Ugly History and Uncertain Future
HousingWire, June 14, 2021–James Blake, George KromreiThe industry that emerged from eugenics, redlining faces racial bias charges today.https://www.housingwire.com/articles/home-appraisals-ugly-history-and-uncertain-future/
Banks’ Biggest CRE Headache: a Dearth of Originations
National Mortgage News, June 14, 2021–Allissa KlineFears of widespread credit losses have largely subsided, but demand for new commercial real estate loans remains lackluster because many companies are sitting on …
Why LoanDepot Billionaire Thinks He’ll Beat Rocket Mortgage And Wells Fargo
Forbes, June 14, 2021–Giacomo TogniniIn just eleven years, the California-based upstart has grown to become the seventh-largest mortgage lender in the U.S., according to trade publication Inside Mortgage Finance, with …
Missed Housing Payments Pile on for Homeowners, Renters
First Tuesday Journal, June 14, 2021–Carrie B. Reyes7.7% of U.S. non-subsidized rental households were one or more payments behind on rent, according to the Mortgage Bankers Association. While this is …
How the Hotel Sector is Navigating the Economic Reopening
Wealth Management Real Estate, June 14, 2021–Bendix AndersonGuests are already reserving hotel rooms for what is likely to be a very busy summer. But not every hotel segment is likely …
Powell Dashboard Shows Uneven Recovery as Fed Plots Next Steps
Bloomberg, June 14, 2021–Matthew Boesler, Olivia RockemanWhen Federal Reserve policy makers gather this week to discuss the U.S. economic recovery from the pandemic, they’ll see a job market that’s improving …
Forget Going Back to the Office—People Are Just Quitting Instead
Wall Street Journal, June 13, 2021–Lauren Weber (subscription)More U.S. workers are quitting their jobs than at any time in at least two decades, signaling optimism among many professionals while also …