UExpress, Aug. 27, 2021–Lew SichelmanBecause of climate change, Spencer Glendon — a senior fellow at the Woodwell Climate Research Center, one of the world’s most respected climate think tanks — …
Category: Top National News
Supreme Court Blocks Biden Eviction Moratorium
The Hill, Aug. 26, 2021–John KruzelIn a ruling that appeared to break along familiar ideological lines, the conservative-majority court lifted the stay on a federal judge’s order which found the …
Fannie Mae Flags up COVID and Supply Chain Shortage Concerns
Mortgage Professional America, Aug. 26, 2021–Richard TorneCOVID-related disruptions to consumer spending and supply chains will have a greater impact on the US economy in the second half of the year …
Mortgage Market Nearly Crashed in Early COVID-19 Days
Orange County Register, Aug. 26, 2021–Jeff LazersonAt 9 p.m. Saturday, March 21, Mortgage Bankers Association President Robert Broeksmit sent an email to Federal Reserve Chairman Jerome Powell and then-Treasury Secretary …
The Housing Industry’s Disparate Impact Hopes
HousingWire, Aug. 25, 2021–Georgia KromreiMortgage industry groups on Tuesday made their voices heard in response to the Department of Housing and Urban Development’s proposed reinstatement of its 2013 disparate impact …
New MISMO Standards are Critical to a Growing PLS Market
HousingWire, Aug. 25, 2021–Seth AppletonIn this op-ed, MISMO President Seth Appleton says MISMO has been developing a modern, standardized data set to facilitate the electronic exchange of information to the …
Private Mortgage Insurance Took Even More Business from FHA in 2Q
National Mortgage News, Aug. 23, 2021–Brad Finkelstein (subscription)However, the pace of growth at the six active underwriters should moderate over the next two years, Keefe, Bruyette & Woods said.https://www.nationalmortgagenews.com/news/private-mortgage-insurance-took-even-more-business-from-fha-in-2q
New Appetite for Mortgage Bonds That Sidestep Fannie and Freddie
Wall Street Journal, Aug. 23, 2021–Ben Eisen (subscription)The so-called private-label mortgage market—in which financial firms serve the middleman role of creating giant pools of loans and selling them to investors—had …
John Hancock Investment Management Launches Mortgage-Backed Securities ETF
Benzinga, Aug. 20, 2021–Phil HallAccording to the Boston-headquartered company, the new exchange-traded fund will invest at least 80% of its net assets in mortgage-backed securities that are either issued or …
Appeals Court Leaves Biden Eviction Ban in Effect
Politico, Aug. 20, 2021–Katy O’Donnell, Josh GertsteinA federal appeals court on Friday declined to block the Biden administration’s new eviction moratorium, setting up a showdown at the Supreme Court.https://www.politico.com/news/2021/08/20/appeals-court-leaves-biden-eviction-ban-in-effect-506464