Washington Post, May 6, 2021–Michele LernerThe extreme shortage of homes for sale reached a new low in April, but strength in the construction of newly built homes may ease the …
Category: Top National News
Joe Biden’s Mortgage Aid Plan Has a Big Problem
The National Interest, May 6, 2021–Rachel BucchinoThe White House allocated $10 billion to provide a financial ledge to homeowners struggling through the crisis, but experts have warned that they may …
Housing Market on Fire: 5 Ways This Boom is Nothing Like The Last One
BankRate.com, May 6, 2021–Jeff OstrowskiA decade after the housing market emerged from a deep downturn, housing is hot again. Indeed, home values are soaring to new highs. With its double-digit …
Joe Biden’s Mortgage Aid Plan Has a Big Problem
The National Interest, May 5, 2021–Rachael BucchinoThe White House allocated $10 billion to provide a financial ledge to homeowners struggling through the crisis, but experts have warned that they may …
Genworth Mortgage Holdings Launches IPO
Mortgage Professional America, May 5, 2021–Candyd MendozaGenworth Mortgage Holdings announced Tuesday that it has started trading on the Nasdaq Global Select Market under the ticker symbol “ACT,” offering $20 to …
Fannie and Freddie Set Dates for their New Refi Option
HousingWire, May 5, 2021–Alex RohaThe Federal Housing Finance Agency didn’t have a set date for its new refi option targeted to low-income borrowers when it announced the program last week. …
Is the Drama Between UWM, Rocket and Fairway Hurting Brokers?
National Mortgage News, May 5, 2021–Brad Finkelstein (subscription)United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. As a …
Get Ready To Duck And Cover
National Mortgage Professional, May 5, 2021–Tyna-Minet AndersonA more “aggressive” CFPB is not just something that compliance professionals are warning about — it is a term that the Consumer Financial Protection …
How Credit Unions Are Boosting CRE’s Capital Supply: Q&A
Commercial Property Executive, May 5, 2021–Timea-Erika PappCharles Krawitz, Vice President of Commercial Lending and Loan Trading with Alliant Credit Union, discussed credit unions’ role in CRE lending. While last year …
Biden Blocks Trump-Era Gig-Worker Rule
Wall Street Journal, May 5, 2021–Eric Morath (subscription)The Biden administration is blocking a Trump-era regulation that would have made it easier to classify gig workers and others as independent contractors, …