Wealth Management Real Estate, Apr. 10, 2023–David BodamerDespite some clamor about the state of real estate financing, mortgage REIT balance sheets remain in good shape.https://www.wealthmanagement.com/reits/publicly-traded-reits-tread-water-march-remain-year?
Category: Top National News
N.Y. Fed Survey: Consumers Say It’s Harder To Get Credit
National Mortgage Professional, Apr. 10, 2023–David KrechevskyThe Federal Reserve Bank of New York’s Center for Microeconomic Data on Monday released its March 2023 Survey of Consumer Expectations (SCE), which showed …
A Bright Spot: Non-Agency MBS Issuance in 1Q23. However…
Inside Mortgage Finance, Apr. 10, 2023–Brandon IveyIssuance of non-agency mortgage-backed securities bounced back in the first quarter after a rough end to 2022, according to a new ranking and analysis …
Depressed NYC Real Estate Prices Yield Bonanza for Savvy Investors
Mortgage Professional America, Apr. 10, 2023–Tony CantuSelect asset classes in New York City’s commercial real estate market are experiencing a decline in prices – reaching levels last seen in 2009, …
Affordable Housing Borrowers Are Available Capital With Stricter Terms
The Crittenden Report, Apr. 7, 2023–Sara HavlenaDespite market volatility, including rising rates, the threat of a recession and recent bank failures, affordable housing is one sector that should still be …
Agency MBS Issuance Slides Further in First Quarter
Inside Mortgage Finance, Apr. 7, 2023–John BancroftProduction of agency mortgage-backed securities fell to its lowest level in nine years in the first quarter of 2023, according to a new ranking …
MBA Asks CFPB to Withdraw Proposed Nonbank Registry Rule
HousingWire, Apr. 6, 2023–Chris ClowThe Mortgage Bankers Association and state-affiliated regulator associations are asking the Consumer Financial Protection Bureau (CFPB) to withdraw a proposed rule requiring nonbank financial services providers …
FDIC to Sell MBS Holdings of Failed Banks
Inside Mortgage Finance, Apr. 6, 2023–Brandon Ivey (subscription)The FDIC plans to sell $114 billion of mortgage-backed securities held by Silicon Valley Bank and Signature Bank.https://www.insidemortgagefinance.com/articles/227461-fdic-to-sell-mbs-holdings-of-failed-banks?
A Hidden Time Bomb? A ‘Big Short’ Investor Sees Financial Disaster Brewing in Housing Markets
CNBC, Apr. 6, 2023–Sam MeredithDave Burt, CEO of investment research firm DeltaTerra Capital, was one of the few skeptics who recognized the housing market was on the brink of collapse …
How Federal Housing Agencies are Utilizing Emerging Technologies
HousingWire, Apr. 5, 2023–Connie KimAchieving digital optimization is a main priority for federal housing agencies, and it’s happening at a time when incorporating technology is becoming a crucial part of …