Globe St., Nov. 30, 2023-Erik ShermanMany recent reports on commercial real estate focus on loan maturity, delinquency, and special servicing. It’s easy to forget that these are not the majority …
Category: Top National News
Servicing Income Helping to Prop Up Lenders
Inside Mortgage Finance, Nov. 30, 2023–John BancroftIncome from production and secondary marketing among a group of 21 publicly traded mortgage companies was flat in the third quarter of 2023. Meanwhile, …
FHA Finalizes New Servicing Incentives for Reverse Mortgages
National Mortgage News, Dec. 1, 2023-Bonnie SinnockThe Federal Housing Administration has released a final version of proposed measures aimed at improving reverse mortgage servicing, including new incentives.Click here for more (subscription)
VA Calling on Servicers to Suspend Foreclosures Through May
National Mortgage News, Nov. 20, 2023–Bonnie SinnockNews reports of the negative impact to borrowers from the partial claims program’s discontinuation, and a letter from Senate Democrats, appear to have prompted …
Owners Keep Zombie Malls Alive Even When Towns Want to Pull the Plug
Wall Street Journal, Nov. 26, 2023–Kate KingAging malls often take a long time to expire, but they can remain valuable assetsClick here for more. (subscription)
The Other Housing Crisis: Too Many Sick, Aging Homes
Bloomberg News, Nov. 27, 2023-Patrick SissonThe Summerdale apartments used to look a lot like many other housing complexes in low-income parts of US cities. It’s a compound of low-slung suburban-style …
U.S. Homes Owned Mortgage-Free Increases to an All-Time High
MPA, Nov. 27, 2023-Jonalyn CuetoNew data from the US Census Bureau shows that the share of US homes that are owned outright increased by 5% between 2012 and 2022. This …
Seniors Housing Performing Better Than Pre-Pandemic
GlobeSt, Nov. 27, 2023-Richard BergerSeniors housing’s recovery is powering ahead of pre-pandemic performance numbers, according to a new report from Marcus & Millichap.Click here for more
Squeezed Property Owners Put Their Faith in the Fed
The Wall Street Journal, Nov. 16, 2023-Carol RyanThe Fed might be done raising rates. But can the cost of debt drop fast enough to save struggling landlords?Click here for more (subscription)
The Housing Market May be at a Standstill–Americans are Growing More Psychologically Attached To Their Homes Than Ever
Fortune, November 20, 2023–Miles NadalIn 2023, the residential real estate market’s headwinds have become headlines. By now, we are all familiar with the toll that higher interest rates, inflation, and …