Wall Street Journal, Jan. 29, 2021–Josh Mitchell (subscription)U.S. household income rose for the first time in three months in December as a new round of government-aid efforts kicked in, priming …
Category: Top National News
Lawmakers Propose Tax Credit for Struggling Homes and Businesses
Accounting Today, Jan. 29, 2021–Michael CohnSens. Rob Portman, R-Ohio, and Ben Cardin, D-Maryland, who are both members of the Senate Finance Committee, introduced a bipartisan bill Thursday, the Neighborhood Homes …
Addressing the Racial Divide
UExpress, Jan. 29, 2021–Lew SichelmanIn an unusual, if not unprecedented, move for a major trade organization, the National Association of Realtors has taken full ownership for any and all discriminatory …
David Brickman to Lead New Commercial Brokerage
HousingWire, Jan. 28, 2021–Kelsey RamirezFormer Freddie Mac CEO David Brickman will take the helm of a newly formed commercial agency lending platform, created by a partnership between commercial mortgage brokerage …
Biden Administration Likely to Cut FHA Premiums Despite Credit Risk
National Mortgage News, Jan. 28, 2021–Hannah Lang (subscription)A little more than a week into President Biden’s term, mortgage industry experts and investors are already pricing in a long-awaited reduction in …
Calif. Lawmakers, Lenders Stepping Up to Help Landlords
Orange County Register, Dec. 28, 2021–Jeff LazersonRental assistance for low-income tenants will help some landlords recover back rent accumulated during the pandemic, while relaxed mortgage rules will help others refinance …
Is Single-Family Rental the New Multifamily?
Mortgage Professional America, Jan. 28, 2021–David KitaiSingle-family rental (SFR) developer AHV Communities has announced its largest development pipeline to date: 1,500 rental units and over $500 million in committed capital. …
What Mortgage Lenders Can Learn from the Oakland As
HousingWire, Jan. 28, 2021–Daniel GottesmannHow can mortgage lenders create a new and improved norm? By leveraging the right tools and technology, lenders can dramatically reduce loan origination time, thus allowing …
More Mortgage Relief Is Coming for Homeowners, Bond Market Says
Bloomberg, Jan. 28, 2020–Christopher MaloneyThe clock is winding down on a U.S. government program that is allowing about 2.7 million homeowners to stop making mortgage payments, but bond investors believe …
Mortgage Rates Drift Lower as Investors Worry About Pandemic
Washington Post, Jan. 28, 2021–Kathy OrtonFor the second week in a row, mortgage rates wandered lower, remaining near record lows. According to the latest data released Thursday by Freddie Mac, …