On Wednesday, FHFA released the GSEs’ Equitable Housing Finance Plans for 2022-2024. Also last week, the Senate Banking Committee advanced the nominations of Michael Barr to be the next Federal Reserve Vice Chairman for Supervision, and Jaime Lizárraga and Mark Uyeda to be SEC Commissioners.
CoreLogic, Irvine, Calif., reported U.S. homeowners with mortgages saw their equity increase by 32.2% year over year, representing a collective equity gain of $3.8 trillion and an average gain of $63,600 per borrower.
Inflation showed no signs of letup in May, the Bureau of Labor Statistics reported Friday, with analysts all but guaranteeing large interest rate hikes by the Federal Reserve this week and in the coming months.
Commercial and multifamily real estate – after years of strong and steady growth – is in a period of transition, driven by changes in the space, equity and debt markets.