Mortgage Professional America, Dec. 21, 2020–David KitaiWhile brokers and originators prepare to fill their pipeline with first-time buyers in 2021, Holden Lewis of NerdWallet believes in the new year, the …
Category: Top National News
The Mortgage Refinance Window Could End Soon–Here’s Why You Should Act Now
Fox Business, Dec. 21, 2020–Lauren Bowling2020 will always be remembered as the year of the coronavirus pandemic. In the future, however, consumers and economists will also look back on 2020 …
Servicers Likely to Keep Foreclosures Low in 2021
HousingWire, Dec. 21, 2020–Alex RohaMarina Walsh, Mortgage Bankers Association Vice President of industry Analysis, said not to focus on the population that continued to pay while in forbearance but on …
Booming Real Estate Market ‘a Big Surprise’ Amid Coronavirus Pandemic
Fox Business, Dec. 21, 2020–James LeggateThe year has seen a global pandemic, social unrest, a divisive presidential election and, surprisingly, a booming real estate market despite it all.https://www.foxbusiness.com/real-estate/booming-real-estate-market-big-surprise-amid-covid-19-pandemic
Thoma Bravo Agrees to Buy RealPage for $9.6 Billion
Wall Street Journal, Dec. 21, 2020–Miriam Gottfried, Cara Lombardo (subscription)Private-equity firm Thoma Bravo LP has struck a deal to buy property-management-software provider RealPage Inc. for $9.6 billion, in one of …
U.S. Congress Reaches Deal on COVID-19 Aid Package, Top Senate Republicans and Democrat Say
Reuters, Dec. 20, 2020–Andy Sullivan, David ShepardsonU.S. congressional leaders have reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by …
UWM’s IPO is Now Scheduled for January
HousingWire, Dec. 18, 2020–James KleimannUWM, the nation’s second-largest mortgage originator by volume, is going public through a merger with a publicly traded special purpose acquisition company headed by businessman Alec …
Christopher Waller Sworn In as Newest Fed Governor
Wall Street Journal, DEc. 18, 2020–Michael S. Derby (subscription)Economist Christopher Waller joined the Federal Reserve Board of Governors upon being sworn in Friday. Waller, formerly the research director of the …
The Continuing Saga of Fannie and Freddie
Wall Street Journal, Dec. 20, 2020–Robert Broeksmit, CMBIn a letter to the editor, MBA President & CEO says while MBA does not support an endless conservatorship for Fannie Mae and …
Midtown Is Still Empty, and Landlords Are Sounding the Alarm
Bloomberg, Dec. 18, 2020–Devin LeonardDeveloper Aby Rosen would really like this whole work-from-home thing to be temporary. And by the way you should see what he’s done with the Chrysler …