Reuters, Mar. 18, 2021–Karen Brettell, Kate DuguidInvestors are closely watching how fast U.S. Treasury yields may rise after the Federal Reserve this week reiterated its commitment to loose policies that …
Category: Top National News
Spencer Rascoff SPAC to Take iBuyer Offerpad Public
HousingWire, Mar. 18, 2021–Matthew BlakeOfferpad, a Phoenix-based company, said Thursday that it was bought by a Rascoff-controlled special purpose acquisition company, named Supernova Partners Acquisition Company.https://www.housingwire.com/articles/spencer-rascoff-spac-to-take-ibuyer-offerpad-public/
GSEs’ Exit from Conservatorship Estimated to Take 15 Years
National Mortgage News, Mar. 18, 2021–Brad Finkelstein (subscription)Relying on retained earnings alone, it would be until at least 2036, if not longer, before government control of Fannie Mae and Freddie …
Two Mortgage Titans Are in a Brawl. The Winner Is Michigan State Basketball
Wall Street Journal, Mar. 18, 2021–Ben Eisen (subscription)Call it a different kind of March Madness. Michigan State University’s Spartans are seeing millions of dollars come through the door, the money …
Utah-Based Real Estate Startup to Hire Nearly 300 Agents in Arizona
Phoenix Business Journal, March 18, 2021–Erin EdgemonSalt Lake City, Utah-based Homie LLC has plans to rapidly grow this year. The real estate company plans to hire nearly 300 buyer agents …
Trends in Regulation and Affordability in Select U.S. Metropolitan Areas and Communities
Cityscape (HUD), Mar. 18, 2021–Mike Fratantoni, Edward Seiler, Jamie WoodwellMBA economists connect land-use restriction changes in the last decade and a half to the contemporaneous evolution in housing supply and …
Mortgage Rates Today–The Fed Plans to Keep Mortgage Interest Rates Low; Here’s Why Mortgage Rates Could Rise Anyway
Fintech Zoom, Mar. 18, 2021–Jun Min-SeoThe Mortgage Bankers Association “continues to see a very strong housing market, with mortgage applications to buy a home increasing, even as refinance demand wanes,” …
Women Making An Impact In Finance And Banking Today
Forbes, Mar. 18, 2021–Jaime CatmullKristy Williams Fercho is Vice Chair, Board of Directors for Mortgage Bankers Association and Executive Vice-President and President of Mortgage at Flagstar Bank. After fifteen years …
Mortgage Rates Keep Climbing, Hit Nine-Month High
Washington Post, Mar. 18, 2021–Kathy OrtonMortgage rates continued their upward march this week, propelled higher by rising long-term bond yields. According to the latest data released Thursday by Freddie Mac, …
The American Rescue Plan Act of 2021: Impact on Commercial Real Estate Finance
TreppTalk, March 18, 2021–Mike FloodOn March 11, President Biden signed The American Rescue Plan Act, or the COVID-19 Stimulus Package, into law. While no piece of legislation is perfect, the …