The Wall Street Journal, Feb. 2, 2024Why are U.S. commercial real estate problems rapidly going global? The reasons are actually quite local.Click here for more (subscription)
Category: Top National News
Powell Navigates ‘Toxic’ Politics of Rate Cuts as Election Nears
The Wall Street Journal, Feb. 1, 2024-Nick TimiraosFor Federal Reserve Chair Jerome Powell, deciding when to cut interest rates is hard enough: Too soon, and inflation could rise again. Too …
Americans Are Rethinking Refinancing Their Homes
Newsweek, Jan. 24, 2024-Omar MohammedAmericans appear to have paused on refinancing home loans amid a slight uptick in mortgage rates, but prospective owners are still prepared to plunge into the …
Last Year’s Non-QM Securitizations Have Higher Delinquency Rates
National Mortgage News, January 25, 2024–Brad FinkelsteinLast year’s vintage of non-qualified mortgage-backed securities is resulting in higher delinquencies than those produced in 2022 due to weaker collateral and underwriting attributes, …
Analysts React to Positive Economic Reports
MPA, Jan. 26, 2024-Tony CantuMarket analysts reacted to a pair of reports released Thursday that bode well for the housing industry – giving rise to a scenario featuring lowered mortgage …
Citizens Has Most Home Equity Investment Growth
Home Equity Lending News, January 23, 2024Citizens Bank added $1 billion in assets to its U.S. home-equity investment portfolio last year — more than any other bank. But the robust …
U.S. Consumers and Businesses Are Borrowing Again
The Wall Street Journal, Jan. 29, 2024-Sam GoldfarbCredit is flowing freely again in the U.S.Click here for more (subscription)
Housing Bills 2024: ‘Trigger Leads,’ Hedge Fund Homeowners, Capital Gains on Home Sales
Bankrate.com, Jan. 12, 2024–Jeff OstrowskiMembers of Congress are weighing proposed new laws on a slate of high-stakes housing issues.One proposal, to curb credit bureaus’ sale of mortgage borrower information, has …
Americans Race to Refinance Mortgages as Rates Fall
Newsweek, Jan. 17, 2024-Omar MohammedHomeowners are jumping to refinance their home loans in the hope of finding savings on their mortgages amid falling rates that have declined from their two-decade …
Office Loan Delinquencies Surge To 6.5% To End 2023, Hotels Not Far Behind
Bisnow, Jan. 17, 2024-Dees StriblingOffice-backed commercial loans finished 2023 with a delinquency rate of 6.5%, up from 5.1% in the third quarter, according to the Mortgage Bankers Association.Click here for more …