Investors are capitalizing on smaller, single-family homes, as a Forbes report states single-family assets are “viable and a class in and of itself.” The report states that most institutional-level investors began showing interest in single-family rental following the Great Recession, ...
Read More »Stocks Fall, Yield Curve Inverts as Recession Fears Grow
Editor's note: This is a breaking story. Please check back for updates. Recession fears filled Wall Street on Wednesday as the Dow Jones crashed, falling more than 800 points and the 10-year treasury yield briefly broke the two-year rate for ...
Read More »New York Fed Gives Unfavorable Review of Housing Sector
Merriam Webster's Dictionary defines anemic as: “lacking force, vitality, or spirit.” The Federal Reserve Bank of New York felt that is an appropriate depiction of the current housing market, as it called housing starts and permits “anemic” in its August ...
Read More »Innovation Center Launched by Title Company
First American Financial Corporation, a global provider of title insurance, settlement services, and risk solutions for real estate transactions, announced the launch of the First American Innovation Center, an online information resource designed to provide a glimpse into the initiatives ...
Read More »Why are Homeownership Rates Falling?
Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the board. From 2002 to 2018, the homeownership rate for ages 35-64 have ...
Read More »NYC’s Continuing Fight Against Zombie Properties
New York has been hit hard by foreclosures and zombie properties in recent years. But a new group is looking to address abandoned properties in the city.
Read More »Are Negative Interest Rates Possible in the U.S.?
Commentary from The Wall Street Journal questions whether interest rates in the U.S. could fall into the negative. While investors feel interest rates could fall into the negative are in the minority, there is more than $15 trillion in government ...
Read More »The Fastest Growing Household Debt for Borrowers
J.P. Morgan Chase reports that student debt has doubled in the past 10 years to $1.5 trillion in 2018—second only to mortgage debt—and impacts 45 million borrowers. “Although the financial returns from a higher education degree over a lifetime typically ...
Read More »New Chief Risk Officer Announced for California Bank
The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Greg Ward to EVP and Chief Risk Officer and promoted Arlene Coyle to SVP and Chief Audit Executive, the role most recently held by Ward. ...
Read More »Digital Platform to Host Risk-Based Pricing Tool
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., announced that lenders using Tavant VELOX’s FinConnect integration platform for the financial services industry can now access Rate GPS, National MI’s unique risk-based pricing tool, when pricing private ...
Read More »