Commercial/multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent) in the third quarter, the Mortgage Bankers Association reported this morning.
Category: Top National News

December Fed Meeting to Focus on Asset Purchases
Wall Street Journal, Dec. 16, 2020–Nick Timiraos (subscription)Federal Reserve officials resume deliberations Wednesday about how to communicate their plans to support the economy with large-scale bond buying.https://www.wsj.com/articles/december-fed-meeting-to-focus-on-asset-purchases-11608114600?

The Nail in the Coffin for Ending GSE Conservatorship Under Trump?
HousingWire, Dec. 15, 2020–Kelsey RamírezIn a letter Monday to U.S. Treasury Secretary Steven Mnuchin, the Mortgage Bankers Association and other housing industry associations expressed their opposition to a swift end …

December Fed Meeting to Focus on Asset Purchases
Wall Street Journal, Dec. 16, 2020–Nick Timiraos (subscription)Federal Reserve officials resume deliberations Wednesday about how to communicate their plans to support the economy with large-scale bond buying.https://www.wsj.com/articles/december-fed-meeting-to-focus-on-asset-purchases-11608114600?

The MicroMortgage Marketplace Demonstration Project
Urban Institute, Dec. 15, 2020–Alanna McCargo, Linna Zhu, Sarah Strochak, Rita BallesterosUrban Institute researchers served as the research partner for the MicroMortgage Marketplace, a demonstration project to explore the viability …

Top National News Item 4
Wall Street Journal, Dec. 15, 2020–Andrew Ackerman (subscription)Joe Biden’s election victory has likely ended the Trump administration’s efforts to return Fannie Mae and Freddie Mac to private hands. Treasury Secretary …

Pelosi, McConnell and Other Leaders to Meet on Spending, Stimulus Talks
Washington Post, Dec. 15, 2020–Mike DeBonis, Tony Romm, Seung Min Kim, Jeff SteinHouse Speaker Nancy Pelosi (D-Calif.) will host the three other most senior congressional leaders — Senate Majority Leader …

FHFA G-Fee Report Shows Shift in Cash Sales
Commercial/multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent) in the third quarter, the Mortgage Bankers Association reported this morning.

New Home Applications Drop in November
HousingWire, Dec. 15, 2020–Tim GlazeNew home purchases in November 2020 increased 34.7% from a year ago, but new home applications decreased from October, according to the Mortgage Bankers Association builder …

Fannie, Freddie Privatization Decisions Likely to Be Left to Biden Administration
Wall Street Journal, Dec. 15, 2020–Andrew Ackerman (subscription)Joe Biden’s election victory has likely ended the Trump administration’s efforts to return Fannie Mae and Freddie Mac to private hands. Treasury Secretary …