Wall Street Journal, Sept. 29. 2020—Peter Grant, Emma Tucker (subscription)Manhattan office employees are returning to work at a much slower pace than those in most other major U.S. cities, raising …
Category: Top National News

Mnuchin’s Oversight Panel Endorses Calabria’s GSE Plan
HousingWire, Sept. 28, 2020–Kathleen HowleyOn Friday, the Financial Stability Oversight Council, which is chaired by Treasury Secretary Steven Mnuchin, voted unanimously to endorse Calabria’s plan to recapitalize and release the …

Will Mortgage Rates Move Higher or Lower to End the Year?
Yahoo! Finance, Sept. 28, 2020–Kim PorterWith history offering no other year quite like this one, it’s tough to say what else 2020 has in store, though signs point to low …

Commercial/Multifamily Mortgage Delinquency Rates Affected by the Pandemic
Commercial Property Executive, Sept. 28, 2020–Jamie WoodwellTwo of the latest Mortgage Bankers Association reports released shed light on the various impacts the COVID-19 pandemic has had on different types of …

Bankers Give Election 2020 Edge to Trump
American Banker, Sept. 28, 2020–Neil Haggerty (subscription)New research reveals the financial services industry both prefers and predicts an incumbent win in November.https://www.americanbanker.com/news/bankers-give-election-2020-edge-to-trump

Fair Housing Groups Slam Newly Finalized Disparate Impact Rule Change
Mortgage Professional America, Sept. 28, 2020–Ryan SmithHUD’s final rule changing its implementation of the Fair Housing Act’s disparate impact standard took effect Thursday, and the agency immediately faced calls to …

Cannae, Senator Send Letter Boosting CoreLogic Bid
HousingWire, Sept. 28, 2020–Kathleen HowleyCannae Holdings and Senator Investment Group sent a letter to CoreLogic shareholders on Friday urging them to vote for nine new board members to support their …

Personalized Refi Analysis Outperforms Unsolicited Pitches: Survey
National Mortgage News, Sept. 28, 2020–Paul Centopani (subscription)For the majority of borrowers, interest rate research for mortgage refinancing came with unwanted and annoying sales calls, which could ultimately hinder potential …

In Presidential Race, The House Is Up For Grabs
National Mortgage Professional, Sept. 28, 2020–Lew SichelmanNext month’s presidential elections likely will swing on any number of issues – the virus, abortion, immigration, race relations, law and order, just to …

Household Wealth Broadly Rose in Years Leading Up to Pandemic, Fed Report Concludes
Wall Street Journal, Sept. 28, 2020–Harriet Torry (subscription)U.S. families’ wealth broadly rose in the years headed into the coronavirus pandemic, with those in lower-income and lower-wealth categories reaping relatively large …