Urban Institute, Feb. 3, 2020–Laurie Goodman, Solomon GreenCommunities are rethinking their zoning laws to meet growing demand and improve affordability. But without innovation in financing, zoning reforms are unlikely to …
MBA Newslinks Archive
Black Knight: Low Interest Rates Translates into Home Buying Power
Black Knight, Jacksonville, Fla., said despite four consecutive months of accelerating home price growth, falling interest rates have increased home buying power, making homes their most affordable since 2018.
Nicole Valentin-Smith of Fiserv on the Path to the Digital Mortgage
Nicole Valentin-Smith is Director of Client Management, Digital Lending and Origination with Fiserv Inc. (NASDAQ: FISV), Brookfield, Wis., a global provider of financial services technology platforms.
CoreLogic: 2019 Home Prices Increased by 4%
CoreLogic, Irvine, Calif, said home prices increased by 4 percent annually in December—not as high as other forecasts, but at a healthier pace than in recent years.
Looser Underwriting Will Lead to Higher Prime Jumbo Defaults: Moody’s
National Mortgage News, Feb. 3, 2020–Brad FinkelsteinDefault rates for prime jumbo mortgages will increase, but a strong economy and rising home prices will bail most borrowers and lenders out, Moody’s …
Banks Expect Tighter Lending Standards, Weaker Loan Performance in 2020
Wall Street Journal, Feb. 3, 2020–David HarrisonBanks expect to tighten lending standards and to see loan performance weaken this year, according to a new Federal Reserve Survey. (subscription)https://www.wsj.com/articles/banks-expect-tighter-lending-standards-weaker-loan-performance-in-2020-11580761195?
California’s Big Housing Bill Fell Short. A Push for Backyard Cottages is Moving Ahead
San Francisco Chronicle, Feb. 3, 2020Last Thursday’s defeat of SB50, the state Senate bill that would have required cities to allow dense residential development near transit, shows housing policy can …
For Years Banks Have Asked for 20% Down on a Mortgage, But Cash-Strapped Americans are Buying Homes With Less
Business Insider, Feb 3, 2020–Liz Knueven For many would-be homebuyers, saving a 20% down payment for a mortgage can be a big barrier to homeownership. Consequently, more people are buying …
U.S. Construction Spending Dips in December
HousingWire, Feb. 3, 2020–Alcynna LloydU.S. construction spending for commercial and residential projects dipped in December, its first retreat since June, according to the Census Bureau.https://www.housingwire.com/articles/construction-spending-dips-in-december/
5 Questions for Regina Lowrie
National Mortgage News, Feb. 3, 2020–Brad FinkelsteinThe prevention of wire fraud and cyber-crime being perpetrated against the mortgage business is the latest passion for Regina Lowrie, longtime industry executive and …