Wall Street Journal Feb. 12, 2021–Xavier Fontdegloria (subscription)Consumers’ view of the economy slipped in early February as Americans were more downbeat about future business conditions, according to a University of …
Category: Top National News
Decreased Delinquencies Tell ‘Part of the Story,’ Researchers Report
DS News, Feb. 12, 2021–Christina Hughes BabbA survey published by the Mortgage Bankers Association (MBA) showed that among mortgage loans on one-to-four-unit residential properties, delinquencies decreased to a seasonally adjusted …
CREF Virtual Conference & Lender Meeting Takeaways
Slatt Capital (blog post), Feb. 12, 2021–Jeff GlennTypically held in San Diego, the Mortgage Bankers Association’s CREF conference was a virtual experience this year. These are Senior Vice President Jeff …
Fed Eyes Trouble in Commercial Real Estate, Corporate Debt in 2021 Stress Tests
Reuters, Feb. 12, 2021–Pete SchroederThe U.S. Federal Reserve on Friday unveiled the hypothetical recession it plans to test large banks against in its 2021 stress tests, which includes “substantial stress” …
Odd Lots: Details, Bids, Mobile, Tall
UExpress, Feb. 12, 2021–Lew SichelmanBuyers aren’t the only ones competing with one another for prized houses. So are renters — especially those who really, really want to get away from …
Another Remote-Work Year Looms as Office-Reopening Plans Are Delayed
Wall Street Journal, Feb. 11, 2021–Chip Cutter (subscription)From Silicon Valley to Tennessee to Pennsylvania, high hopes that a rapid vaccine rollout in early 2021 would send millions of workers back …
Here’s Why Economic Experts Are Predicting Higher Mortgages Rates This Year
NextAdvisor, Feb. 11, 2021–Jason Stauffer“The support that we’re expecting to get from the current administration … that’s going to provide assistance for a lot of households who are in financial …
Fannie, Freddie Extend COVID-19 Forbearance Up to 15 Months
Orange County Register, Feb. 11, 2021–Jeff LazersonFederal Housing Finance Agency Director Mark Calabria, regulator and conservator for Fannie Mae and Freddie Mac, has offered a timely and desperately needed lifeline …
HUD Expands Fair Housing Protections for Transgender People
Washington Post, Feb. 11 2021–Tracy JanThe Department of Housing and Urban Development said Thursday it will investigate complaints of discrimination based on sexual orientation or gender identity, expanding civil rights …
The Predicted Foreclosure Surge Likely Won’t Happen, Even among Financially Vulnerable Borrowers
Urban Institute, Feb. 11, 2021–Michael Neal, Laurie GoodmanAfter mortgage forbearance rates peaked at 8.55 percent in June 2020, they began to decline as the unemployment rate fell. Since October, however, …