Category: Top National News

National Mortgage Professional, Apr. 14, 2023–David KrechevskyThe U.S. Supreme Court issued an opinion Friday that will allow businesses to sue the Federal Trade Commission and the Securities and Exchange Commission …

Inside Mortgage Finance, Apr. 14, 2023–Namrata BhatiaThe government-sponsored enterprises purchased a relatively smaller proportion of home loans with lower credit scores in early 2023.https://www.insidemortgagefinance.com/articles/227541-gses-show-risk-aversion-in-1q-activity?v=preview

The Hill, Apr. 13, 2023–Adam Barnes“There was a long-standing belief that millennials never wanted to own and were perfectly content renting. That belief has proven to be false. The reality …

Bloomberg, Apr. 13, 2023–Carmen Arroyo, John SageCarlyle, Castlelake, King Street, HighVista, Palladius eye CRE; CMBS is down 82% as regional banks pull back from lending; Traditional banks and the bond …

Inside Mortgage Finance, Apr. 13, 2023–John BancroftThe supply of single-family agency servicing grew again in the first quarter of 2023 — but at its slowest pace in several years.https://www.insidemortgagefinance.com/articles/227525-fannie-mae-servicing-shrinks-in-1q?v=preview

Axios, Apr. 12, 2023–Emily Peck, Matt PhillipsUnder the hood, the situation is more nuanced, as detailed in two reports from the Mortgage Bankers Association and Moody’s Analytics.https://www.axios.com/newsletters/axios-markets-9b83697b-1f47-4ada-87a6-3561a2519a13.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosmarkets&stream=business

Wall Street Journal, Apr. 12, 2023–Andrew Ackerman (subscription)A top Federal Deposit Insurance Corp. official said the agency could have moved more quickly to find a buyer for Silicon Valley Bank …

Inside Mortgage Finance, Apr. 12, 2023–John BancroftCombined MBS issuance at Fannie Mae, Freddie Mac and Ginnie Mae was down 21.2% from the fourth quarter and off 66.9% from the first …

Wall Street Journal, Apr. 11, 2023–Will Parker, Konrad Putzier (subscription)An apartment building investor lost four Houston complexes to foreclosure last week, the latest sign that surging interest rates are beginning …

Commercial Property Executive, Apr. 11, 2023–Gail KalinoskiThe pressures of rising interest rates and declining property values are making it a tall order for owners to get loans. What are the …