Orange County Register, Nov. 25, 2020–Jeff LazersonFor the second year in a row, mortgage caps have set a new record and are officially in the stratosphere, heading for the moon. …
Category: Top National News
Reducing Mortgage Defaults Starts with Beefing Up Housing
American Banker, Nov. 25, 2020–Tobias Peter (subscription)Even if the effects of COVID-19 do not result in a full-fledged housing recession, the current delinquency data warns us that unless federal home …
A New Housing Secretary Will Inherit an Affordability Crisis Deepened by the Pandemic
Marketplace (NPR), Nov. 24, 2020–Amy ScottOne thing this pandemic has revealed is just how critical housing is. Helping people stay in their homes will be at the top of the …
Yellen at Treasury Could Rescusitate Fed’s Loan Programs
National Mortgage News, Nov. 24, 2020–Hannah Lang (subscription)The Trump administration has compelled the Federal Reserve to shut down the Main Street Lending Program and other facilities that aid banks’ pandemic …
A Record 19.4 Million Homeowners Can Now Save Big on a Mortgage Refinance…
CNBC, Nov. 24, 2020–Diana OlickWith the latest record low of 2.72% on Freddie Mac’s weekly 30-year fixed average, the number of “high-quality” mortgage refinance candidates jumped to 19.4 million, according …
Closing the Gaps: Building Black Wealth through Homeownership
Urban Institute, Nov. 23, 2020–Alanna McCargo, Jung Hyun ChoiThis report reviews the critical role housing equity plays in building wealth for Black families, reviews the historical factors that have contributed …
Millions of Americans Expect to Lose Their Homes as Covid Rages
Bloomberg, Nov. 23, 2020–Alexandre TanziMillions of Americans expect to face eviction by the end of this year, adding to the suffering inflicted by the coronavirus pandemic raging across the U.S.About …
Hotel Lending: Banks in ‘Race Against Time’
American Banker, Nov. 23, 2020–Jim Dobbs (subscription)Hospitality sector credits are coming out of forebearance just as coronavirus cases surge. Restructurings and charge-offs could mount unless vaccine distribution happens quickly enough …
Millions of Americans Expect to Lose Their Homes as Covid Rages
Bloomberg, Nov. 23, 2020–Alexandre TanziMillions of Americans expect to face eviction by the end of this year, adding to the suffering inflicted by the coronavirus pandemic raging across the U.S.About …
Closing the Gaps: Building Black Wealth through Homeownership
Urban Institute, Nov. 23, 2020–Alanna McCargo, Jung Hyun ChoiThis report reviews the critical role housing equity plays in building wealth for Black families, reviews the historical factors that have contributed …