FHFA Extends COVID-19 Forbearance Period/Foreclosure and REO Eviction Moratoriums; Aligns Mortgage Relief Policies Across Government
The Federal Housing Finance Agency on Thursday announced extensions of several measures to align COVID-19 mortgage relief policies across the federal government, a move that drew praise from the Mortgage Bankers Association.
January Pending Home Sales Down 2.8% Amid Inventory Dearth
Pending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers, the National Association of Realtors reported yesterday.
Unemployment Claims Fall to 7-Week Low
Unemployment claims fell for the first time in five weeks, the Labor Department reported yesterday, to their lowest level this year, although they remain elevated compared to pre-pandemic levels.
Multi-Use Logistics Primed for Growth
JLL, Chicago, said one industrial real estate sub-class is particularly well-positioned for growth: multi-use logistics.
