Inside Mortgage Finance, March 20, 2024–Brandon IveyIssuance of Ginnie Mae mortgage-backed securities increased in February, driven by refinances.Click here for more (subscription)
Category: Top National News
A Bright Spot of the U.S. Housing Market: Very Little Variable Mortgage Debt
Fast Company, March 21, 2024-Lance LambertIn the face of spiked interest rates, U.S. homeowners have actually fared better than their international counterparts.Click here for more
MBA Chief Economist Addresses Industry Challenges in House Testimony
HousingWire, March 21, 2024-Connie KimMike Fratantoni, the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the …
First HEi Issuance in 2024 is Biggest Since at Least 2020
Home Equity Lending News, March 19, 2024This year’s first home-equity investment issuance is the largest HEi transaction since at least 2020.Click here for more (subscription)
California Home Insurance Exodus Pushes State’s Last-Resort Backup Plan Toward Insolvency
San Jose Mercury-News, March 23, 2024–John WoolfolkAs home insurers flee California, the state’s last-resort insurance plan is warning that it’s being pushed toward insolvency, forced to cover a rapidly growing …
Why Real Estate Websites Are Adding Climate Change Data to Home Listings
Axios, March 24, 2024-Sami SparberReal estate websites are sharing more climate risk information with home buyers and sellers.Click here for more
$22 Trillion Worth of the Housing Market—or 44% of All Homes in the U.S.—Is at Risk of Severe or Extreme Damage From Environmental Threats
Fortune, March 13, 2024-Alena BotrosClimate risk is a $22 trillion problem for the housing market—and it’s only set to keep growing. Almost 44.8% of homes across the country, worth nearly …
Goldman Sachs to Resume Bets on U.S. Property, Other Investors Warn of More Pain
Reuters, March 13, 2024-Iain WithersGoldman Sachs Asset Management will resume “actively investing” in U.S. commercial property this year because the market is bottoming out, its real estate head said, while …
Private Equity Wants Your Credit Card Debt. And Car Loan. And Mortgage.
The Wall Street Journal, March 14, 2024-Matt WirzPrivate fund managers such as Apollo, Ares, Blackstone and KKR have grown to dominate corporate finance over the past decade. Now they are …
Warning Signs, Including Foreclosures, Reverberate Across Housing Economy
Orange County Register, March 15, 2024–Jeff LazersonOn March 12, ATTOM Data Solutions in Irvine reported 32,938 U.S. properties carried foreclosure filings in Feb., an 8% increase from one year ago.Click …