In the wake of the housing crisis, single-family homes grew to more than one-third of U.S. rental stock nationwide. Now, says the Joint Center for Housing Studies at Harvard University, that dramatic growth has stabilized.
Mortgage Rates Hold Near 2018 Highs in a 'Nirvana' Moment for Housing, Freddie Mac Says
MarketWatch, May 10, 2018--Andrea Riquier
Competition Heats Up for Homebuyers Needing a Mortgage
CNBC, May 10, 2018
Banks are Walking Away from Low-Income Homebuyers
CNN Monty, May 11, 2018--Lydia DePillis
Financial Industry Petitions FCC to Make Robocall Lawsuits Harder to Win
National Mortgage News, May 10, 2018--Brad Finkelstein (free story)
HUD Wants Feedback on Disparate Impact
Mortgage Daily, May 10, 2018
CFPB to Dramatically Reorganize Operational Structure
HousingWire, May 10, 2018--Kelsey Ramirez
Mutual of Omaha to Buy National Mortgage Lender
American Banker, May 10, 2018--Jackie Stewart (subscription)
Treasury Will Sell $101 Billion in Debt
Wall Street Journal, May 10, 2018
Downsizing and Servicing Offset Lower Volume at Impac Mortgage
National Mortgage News, May 10, 2018--Bonnie Sinnock (subscription)
U.S. Consumer Prices Rise Slightly; Labor Market Tightening
Reuters, May 10, 2018--Lucia Mutikani
For Millennial Home Buyers, a Need for Trade-Offs
As the Millennial generation wades into the housing market, they're being forced to make hard choices either in what they find in a home--or the neighborhood it's in.
ValueInsured Slideshow: How Will New Tax Laws Affect Home Prices?
How will new tax laws affect home prices? It depends on where and who you ask.
Wolters Kluwer, Minneapolis, presented results of a survey of 1,032 lender banks at an April webinar, reporting 73 percent of lenders have a plan in place to conduct a thorough Home Mortgage Disclosure Act Compliance Management System review and to remedy any gaps.
Apartment Rent Gains Heat Up With Weather
Multifamily rents continued their strong seasonal gains in April, rising $4--the highest figure since last spring--to a $1,377 national average, reported YardiMatrix, Santa Barbara, Calif.
Dealmaker: Meridian Capital Group Arranges $304M
Meridian Capital Group, New York, arranged $251 million in construction financing for Pier 6 at Brooklyn Bridge on behalf of RAL Companies, Vanke US and Oliver's Realty Group.
MBA National Secondary Market Conference & Expo May 20-23
The Mortgage Bankers Association' National Secondary Market Conference & Expo returns to the Marriott Marquis in New York May 20-23.
MBA Mortgage Action Alliance Action Week May 14-18
MAA Action Week is an annual week-long event dedicated to helping real estate finance professionals learn how to become more engaged in political advocacy that supports our industry.
MBA Education Checklist for Effective Compliance Management Systems Webinar May 15
MBA Education presents a new webinar, A Checklist for Effective Compliance Management Systems, on Tuesday, May 15 from 2:00-3:30 p.m. ET.