HousingWire, Feb. 9, 2021–Tim GlazeA large partnership of housing and civil rights organizations reached out on Monday to congressional leaders advocating for further relief for homeowners in the next COVID-19 …
Category: Top National News
What Will It Take to Support 5.5 Million More Senior Renters by 2040?
Urban Institute, Feb. 9, 2021–Laurie Goodman, Jun ZhuThe nation’s current housing policy is not equipped for this sharp rise in senior renters, but changes to federal policies, programs, and funding …
Covid-19 Forces Co-Working Firms to Recast Their Business Model
Wall Street Journal, Feb 9, 2021–Konrad Putzier (subscription)The pandemic is compelling a number of co-working firms to discard original business models, or accelerate the adoption of a new one, with …
CMBS Market, Loan Origination Trends & Multifamily Lending
CREative Talks podcast, Feb. 9, 2021–Minjia YanCREative Talks podcast interviewed MBA Vice President Andrew Foster about the CMBS market, loan origination trends and multifamily lending. The episode is available on …
Covid-19 Mortgage Relief Ends Soon for Millions of Homeowners
Wall Street Journal, Feb. 9, 2021–Orla McCaffrey (subscription)Many who struggle during the pandemic won’t be able to resume paying their monthly mortgage bills when yearlong forbearance plans run out.https://www.wsj.com/articles/covid-19-mortgage-relief-ends-soon-for-millions-of-homeowners-11612866600
Rents Slide in NYC, San Francisco While Cheaper Cities Surge
Bloomberg, Feb. 8, 2021–Prashant GopalFlexible work policies have given Americans permission to move, driving up apartment rents in suburbs and lower-cost cities and pushing landlords to slash prices in New …
loanDepot to IPO this Week at Possible $6.2b Valuation
HousingWire, Feb. 8, 2021–James KleimannThe multi-channel mortgage lender hopes to raise $300 million by pricing its shares between $19 and $21. If all goes according to plan, loanDepot would command …
Mortgage Insurers Log Fewer Delinquencies But Pace Slows at Legacies
National Mortgage News, Feb. 8, 2021–Brad Finkelstein (subscription)While all four standalone private mortgage insurers reported month-to-month reductions in their delinquent loan inventory, the pace of improvement at the two legacy …
Housing Sentiment Builds As Conditions Favor Sellers
National Mortgage Professional, Feb. 8, 2021–Navi PersaudFannie Mae’s Housing Purchase Sentiment Index increased to 77.7 in January 2021, a 3.7 point increase from December 2020. This is especially true for …
Malls Spent Billions on Theme Parks to Woo Shoppers. It Made Matters Worse
Wall Street Journal, Feb. 8, 2021–Esther Fung (subscription)For big operators who thought entertainment was a solution to a declining business, the bills are coming due.https://www.wsj.com/articles/malls-theme-park-attractions-covid-debt-11611267831?mod=hp_lead_pos5