The Lede
Top National News
Digging Deeper on Negative Interest Rates
National Real Estate Investor, Feb. 23, 2016--McMillan, Brad
McMillan calls negative interest rates are unlikely until the next recession at the earliest in this Op-Ed. "Right now, lending is actually growing at a healthy rate here in the U.S. and taking this kind of step is unnecessary."
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Affordable Housing ‘Isn’t a Crisis–It’s a Catastrophe’
National Mortgage News, Feb. 23, 2016--Witkowski, Rachel
The affordable housing market has dried up in major cities across the country. In response, regulators and lenders are looking into new programs to get people back into single-family homes while also exploring ways to encourage multifamily developments.
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Anchors Aweigh: Malls Lose More Department Store Tenants
Wall Street Journal, Feb. 23, 2016--Plevin, Liam
The rise of online shopping and changing consumer habits are battering the big department stores known as anchors that once lured shoppers to malls-leaving landlords with empty space and forcing them to undertake expensive overhauls to stay relevant.
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City-by-City Look at U.S. House Prices in December
MarketWatch, Feb. 23, 2016--Goldstein, Steve
U.S. home prices were steady in December, but home values in 2015 increased much faster than inflation on a combination jobs growth and low inventories, according to data released Tuesday.
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Rent Prices Are Still Climbing, Just Not as Fast as Before
Associated Press, Feb. 23, 2016
Home rental price growth slowed down in January as even sizzling markets such as the San Francisco Bay Area, Denver and Portland are cooling.
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Overseas Buyers of U.S. Housing Pulling Back?
Fox Business, Feb. 23, 2016
Former Fannie Mae Executive Tim Rood and Ackman-Ziff Real Estate Group Director Jason Meister discuss the state of the U.S. housing market.
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Mortgage Growth Has Stalled And Homeowners Are To Blame
Wall Street Journal, Feb. 23, 2016--Carney, John
Why isn't mortgage debt growing? Some blame banks for holding lending standards too tight. Banks often blame regulators. But it may be homeowners' fault; they're paying down their mortgages far more than in the past.
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Commercial Real Estate Price Growth Will Be Flat
Bloomberg, Feb. 23, 2016--Alloway, Tracy
Morgan Stanley analysts last week predicted U.S. commercial real estate prices would grow by a big fat zero percent in 2016, replacing a previous forecast of 5 percent growth over the course of the year.
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Residential Finance News
Commercial/Multifamily News
MBA News
MBA Compliance Essentials TRID Cures, Corrections & Construction Update Webinar Mar. 9
The Mortgage Bankers Association presents the latest in its Compliance Essentials webinar series. TRID Cures, Corrections & Construction Update takes place Wednesday, March 9 from 3:30-5:00 p.m. ET.
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MBA Recognizes Premier Members
The Mortgage Bankers Association recognizes its Premier Members.
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