Wall Street Journal, Nov. 23, 2020–Peter Grant (subscription)CoStar Group, Inc., one of the world’s largest providers of commercial real-estate information and analytics, has taken its first major step into the …
Category: Top National News
Revisiting Regulations for Nonbank Mortgage Lenders
DS News, Nov. 23, 2020–Phil HallFederal Reserve Governor Michelle Bowman last week suggested revisiting the regulatory framework that defines how nonbank mortgage lenders operate.https://dsnews.com/daily-dose/11-23-2020/revisiting-the-regulatory-framework-for-nonbank-mortgage-lenders
Former Subprime Player Claims He Can Now Short the Mortgage Market for Climate and Covid Risks
CNBC, Nov. 23, 2020–Diana OlickDuring the mortgage bubble in the early 2000s, when investors were feverishly trading faulty subprime bonds, a few savvy skeptics recognized the bonds were doomed, so …
This Thanksgiving, the Mortgage Industry Has a Lot to be Thankful For
MortgageOrb, Nov. 23, 2020–Sam VermaThe Mortgage Bankers Association is now forecasting that mortgage originations will reach $3.18 trillion in 2020 – the highest since 2003. And while mortgage originations are …
RMBS Then and Now: Do Securitized Home Loans Still Matter
The Real Deal (New York) Nov. 23, 2020–Sylvia Narnham O’Regan, Orion Jones (subscription)Between April and June, when the pandemic went from a shocking jolt to a daily reality, a record …
Rising Mortgage Delinquencies to Show up in 2021
Credit Union Times, Nov. 23, 2020 –Jim DuPlessisThe refinance boom is edging toward its third birthday, but like all good parties, it will be coming to an end. Mike Fratantoni, …
‘Big War’ in Bonds Escalates as Tresury Rift Puts Fed in Play
Bloomberg, Nov. 22, 2020–Liz McCormickU.S. government debt just logged its best week since August after the Treasury demanded the Fed return unused funds from emergency lending programs, a request the …
U.S. Economy Hurtles Toward ‘COVID Cliff’ with Programs Set to Expire
The Hill, Nov. 22, 2020–Niv ElisA slew of expiring emergency programs are setting up an economic “COVID cliff” come 2021, which could see millions of people lose unemployment insurance and …
For Fannie and Freddie, Big Decisions Await
Multi-Housing News, Nov. 20, 2020–Paul FiorillaJoe Biden’s victory has thrown a wrench into the Trump administration’s efforts to privatize Fannie Mae and Freddie Mac, but appointees in charge of the …
Treasury’s Mnuchin Defends Ending Lending Programs, Fires Back at Federal Reserve
Washington Post, Nov. 20, 2020–Jeff Stein, Rachel SiegelTreasury Secretary Steven Mnuchin on Friday defended his decision to end several emergency Federal Reserve lending programs, arguing the funding should be redirected …