The Lede
Top National News
Freddie Mac Announces Top Multifamily Lenders For 2015
Real Estate Journals, Feb. 8, 2016
Freddie Mac at the MBA Commercial Real Estate Finance Conference announced the lenders that closed the most multifamily financing volume with the company last year. CBRE Capital Markets and Berkadia Commercial Mortgage topped the list.
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REITs Won’t Put You in the Penthouse Yet
Wall Street Journal, Feb. 8, 2016--Coumarianos, John
It has paid to own property stocks since the financial crisis. But can real estate investment trusts keep the returns going for investors?
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Is That Quicken Loans Super Bowl Ad an Omen of Another Housing Crash?
Christian Science Monitor, Feb. 8, 2016--Hinckley, Story
Quicken Loans, America's largest online lender, previewed their fast and easy Rocket Mortgage app during the Super Bowl Sunday, causing some financial experts to criticize a 2008-like mindset.
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Yellen Will Testify Amid Predictions of Slower Rate Hikes
Associated Press, Feb. 8, 2016--Crutsinger, Martin
Things looked so clear back in mid-December when the Federal Reserve signaled the likelihood of four more interest rate hikes in 2016. But as Fed Chair Janet Yellen addresses Congress this week, most analysts and investors think the Fed will raise rates fewer than four times this year, if at all.
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Banking’s Reservoir Dogs
Bloomberg, Feb. 8, 2016--Laurent, Lionel
Some of Europe's bank stocks haven't been this low in decades. Two of the region's lenders are embroiled in their own bloodbath as regulators force them to cut off some of their own limbs: Deutsche Bank's stock is trading at its lowest since 1992 and Credit Suisse is at its lowest since 1991.
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Is San Francisco in a Housing Bubble?
Housing Wire, Feb 8, 2016--Lane, Ben Fitch Ratings suggests Bay Area home prices are at an "unsupportable" level.
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Casualty of Cities’ Resurgence: The Suburban Offices Left Behind
Wall Street Journal, Feb. 8, 2016--Brown, Eliot
Companies from General Electric to Weyerhaeuser are pulling their headquarters out of leafy suburban campuses and moving to downtown high-rises. Figuring out what to do with the vacant corporate campuses left behind is a quandary for civic leaders and landlords across the U.S.
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How the Foreclosure Crisis Impacted Homeownership
MortgageOrb.com, Feb. 8, 2016--Liu, Tian
The 8 million-plus rental households created in the last 10 years, as well as other families who have delayed becoming homeowners, will eventually get back on the path to owning.
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1st Portfolio Lending Changes Name to WashingtonFirst Mortgage
HousingWire, Feb. 8, 2016--Lane, Ben
WashingtonFirst Bankshares, the parent company of WashingtonFirst Bank, announced Monday that it is rebranding its wholly-owned residential mortgage lending subsidiary, 1st Portfolio Lending, as WashingtonFirst Mortgage.
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Connecticut Court Rejects Mortgage Registry’s Challenge to Fees
Reuters, Feb. 8, 2016--Aubin, Dena
The Connecticut legislature did not violate the U.S. or state Constitution when it imposed a roughly $5 million fee increase on a mortgage registry created by the country's biggest banks, the state's highest court ruled on Monday.
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Mortgage Action Alliance Quarterly Advocacy Update Webinar Feb. 18
The Mortgage Action Alliance Inc. holds its next Quarterly MAA Advocacy Update on Thursday, Feb. 18 from 2:00-3:00 p.m. ET.
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