GlobeSt.com, March 1, 2022–Lynn PollackSome volatility is expected to persist across the multifamily, hotel, and office asset classes well into 2022, according to new research from Moody’s Analytics.https://www.globest.com/2022/03/01/expect-more-volatility-into-2022-for-these-asset-classes/?
Category: Top National News
FHFA Proposal for Seller Servicer Requirements is Mixed Bag
HousingWire, Feb. 28, 2022–Georgia Kromrei“The industry is still gauging what impact the requirements would have. But many stakeholders take the proposal as a sign that FHFA is receptive to industry …
4 Servicing Changes from the Pandemic that HUD will Keep
National Mortgage News, Feb. 28, 2022–Bonnie Sinnock (subscription)Government agencies within HUD are starting to decide which emergency mortgage-relief programs will become permanent post-pandemic, officials said last week at the Mortgage …
Repetition Bias Leads To Increased Mortgage Fraud
National Mortgage Professional, Feb. 28, 2022–Katie JensenPoint Predictive Chief Strategist Frank McKenna said that while mortgage lenders have implemented additional tools to identify mortgage fraud, problems related to mortgage applications …
Opinion: Closing the Racial Homeownership Gap
National Mortgage News, Feb. 28, 2022–Kristy FerchoMBA Chair Kristy Fercho writes the racial homeownership gap is as large today as it was during the days of segregation, with the white …
Will Regulatory Scrutiny Chill Bank M&A This Year–or Hasten It?
American Banker, Feb. 25, 2022–Jim Dobbs (subscription)Eddy Arriola, the chairman and CEO of Apollo Bancshares in Miami, says his company is not looking to sell. Buyers are circling anyway — …
Condo Questionnaire Causing Some Boards to Boycott Fannie, Freddie Financing
Orange County Register, Feb. 24, 2022–Jeff LazersonA fast-developing crisis is hitting condominium association boards and property management firms across the country tasked with filling out “draconian” questions required of HOA …
FHA Inches Closer to Offering a 40-Year Loan Modification
HousingWire, Feb. 24, 2022–Flávia Furlan NunesThe Federal Housing Administration is working to expand the COVID-19 loss mitigation program to include the option of a 40-year loan modification with a partial …
Foreclosure Starts Soar While Pending Home Sales Sink
Benzinga, Feb. 25, 2022–Phil HallThe U.S. housing market appears to have begun 2022 on the wrong foot, with newly published data on January activity reporting foreclosures at their highest levels …
Ginnie Considering Changes to Support CDFIs
Inside Mortgage Finance, Feb. 25, 2022–Monica HoganGinnie Mae is looking for ways to support mortgage lending by community development financial institutions, that is, entities that focus on low-income communities, have …