Home Equity Lending News, February 29, 2024Although the volume of home-secured credit lines opened during the fourth quarter was significantly lower than a year earlier, the outlook is bright for …
Category: Top National News
MBA Gives Backing to Loan Repurchase Efforts
MPA, March 4, 2024-Abigail AdriaticoMortgage Bankers Association (MBA), the association that represents the real estate finance industry, has applauded efforts by Fannie Mae and Freddie Mac to address requests for …
Florida’s Housing Market Is in Trouble
Newsweek, March 4, 2024-Giulia CarbonaroSales of condos in Florida have dramatically fallen in recent weeks, even as prices dropped in some of its major metros and the number of “motivated” …
Disasters Forced 2.5 Million Americans From Their Homes Last Year
The New York Times, Feb. 22, 2024-Aidan GardinerAn estimated 2.5 million people were forced from their homes in the United States by weather-related disasters in 2023, according to new data …
Condominiums Gaining Ground in U.S. Mortgage Market–Fannie Mae
MPA, Feb. 22, 2024-Mika PangilinanAmid a persistent national housing shortage, Fannie Mae has published a study highlighting the growing significance of condominiums in the US mortgage market, alongside the risks …
Commercial Mortgage REITs Weathered Another Quarter. They’re Cheap Again.
Barron’s, Feb. 23, 2024-Bill AlpertThe year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate.Click here for …
Non-Banks Better Positioned for Rising HELOC Volume
Home Equity Lending News, February 20, 2024–Angela RoseAlthough a jarring jump in interest rates left home-equity line-of-credit lending lower last year, the second half of this year is expected to …
What Companies Need to Know When Accounting for Leap Day
The Wall Street Journal, Feb. 23, 2024-Mark MaurerWhat a difference a day makes. Or does it?Click here for more (subscription)
U.S. Treasury Yields Fall as Investors Look to Key Economic Data
CNBC, Feb. 26, 2024–Sophie KiderlinU.S. Treasury yields declined on Monday as investors awaited key economic data set to be published this week which could provide hints about the outlook for …
Fed Rate Cuts Are Likely to Be Slow–But Not Necessarily Steady
Bloomberg, Feb. 27, 2024–Steve MatthewsThere’s a saying about how the Federal Reserve manages interest rates: They go up the escalator and down the elevator. This time, it will likely be …