Bloomberg, Nov. 8, 2019–Reade PickertFaced with higher property prices and piles of student debt, Americans are getting older and older before they buy a home.https://www.bloomberg.com/news/articles/2019-11-08/young-homebuyers-vanish-from-u-s-as-median-purchasing-age-jumps?srnd=premium
MBA Newslinks Archive
Taylor Morrison Acquiring William Lyon Homes in Deal that Creates 5th-Largest Home Builder
HousingWire, Nov. 7, 2019–Maleesa SmithTaylor Morrison is expanding again with another billion-dollar acquisition. This time, Taylor Morrison is set to acquire of one of the nation’s largest homebuilders in the …
Zillow Says Home-Flipping Will Pull In $1 Billion, Sending Shares Higher
Wall Street Journal, Nov. 7, 2019–Maria Armental (subscription)Shares of Zillow Group Inc. rose 9% in after-hours trading as the company said its home-flipping business is expected to generate as much …
Commercial and Multifamily Originations Surge in 3Q
HousingWire, Nov. 7, 2019–Kelsey RamirezCommercial and multifamily originations surged in the third quarter, the latest Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations from the Mortgage Bankers Association said.https://www.housingwire.com/articles/commercial-and-multifamily-originations-surge-in-q3/
Unique Challenges in Lending and Servicing
MReport, Nov. 1, 2019–Seth WelbornMarcia Davies, MBA COO and mPower founder, spoke with MReport at the 2019 Five Star Conference and Expo about what lies ahead for mortgage professionals in …
Reporter’s Notebook: Fog the Mirror Mortgages are Back
Orange County Register, Nov. 7, 2019–Jeff LazersonHere are some of my observations from Mortgage Bankers Association convention I attended in Austin last month: 1) One exhibit hall lender offered primary …
Low U.S. Interest Rates Are Fueling a Bubble in Commercial Real Estate
National Real Estate Investor, Nov. 7, 2019–Jay Rollins U.S. interest rates will not stay low forever and investors must prepare for their eventual rise. To protect themselves, investors should stress-test …
Sears Says It Has Secured a $250 Million Lifeline, Will Close 96 Stores
Reuters, Nov. 7, 2019–Mike Spector, Jessic DiNapoliSears said it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting …
Snapdocs raises $25 Million in Series B Funding Round
HousingWire, Nov. 7, 2019–Julia FalconReal estate technology company Snapdocs announced Thursday morning that it raised $25 million in its Series B funding.https://www.housingwire.com/articles/snapdocs-raises-25-million-in-series-b-funding-round/
Consumer Housing Confidence Falls Again as Economic Doubts Rise
National Mortgage News, Nov. 7, 2019–Paul Centopani (subscription)Fannie’s Home Purchase Sentiment Index declined for the second straight month after hitting an all-time high in August. The index fell to 88.8 …