Servicing Newslink Tuesday 10-8-19

“Instead of getting married or starting a family in their early to mid-twenties as was the norm in past decades, many are waiting until they are established in their careers. And the typical career trajectory has fundamentally changed since the 1960s as well–rather than climbing a corporate ladder, many are choosing to hop from one role or function to the next, often requiring a move to a new location.” –Sarah Mikhitarian, senior economist with Zillow, Seattle.

Servicing Newslink Tuesday 10-1-19

“The YIMBY Act will help communities recognize their own agency in the housing shortage and provide them with a framework for smarter policymaking. The bipartisan sponsorship of this bill demonstrates the congress’ commitment to innovative solutions to improve the lives of American families.”–From an MBA/trade group letter urging support for a House bill that would eliminate discriminatory land use policies and remove barriers that prevent production of housing.

Servicing Newslink Tuesday 9-24-19

“The strong economy, low interest rates and liquid finance markets are all contributing to delinquency rates that are at or near record lows for commercial and multifamily mortgage loans. Despite uncertainty on many economic fronts, it is hard to identify factors that would dramatically change the delinquency rate picture in the near term.”–MBA Vice President of Commercial Research & Economics Jamie Woodwell.