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Results: 137 Articles found.
Jul 20, 2016 12:30 PM

OCC to Boost Oversight of Commercial Real Estate

The Office of the Comptroller of the Currency on July 11 said it will increase scrutiny of the commercial real estate sector because credit risks are on the rise due to low interest rates, Reuters reported.

 
Jul 13, 2016 12:30 PM

New York First to Buy Delinquent FHA Mortgages

Officials in New York City on June 30 announced plans to purchase a limited number of delinquent loans from the Federal Housing Administration in what's being called a "first of its kind" program, HousingWire reported. The Community Restoration Program will oversee the purchase, which should help struggling residents avoid foreclosure.

 
Jul 13, 2016 12:30 PM

Census Bureau: Apartment, Office Construction on Rise

The U.S. Census Bureau reported July 1 that construction spending in May was down 0.8 percent from April but multifamily residential construction increased 1.8 percent for the month and 23.9 percent year-over-year. Office construction was down 0.4 percent in May, but up 22.5 percent for the year.

 
Jul 06, 2016 12:30 PM

Brexit Could Boost US CRE Investment

The U.K.’s exit from the European Union could be a boon to U.S. commercial real estate as investors pull capital out of U.K. properties and seek other markets in which to invest, National Real Estate Investor reported June 24.

 
Jul 06, 2016 12:30 PM

Supreme Court to Hear Predatory Lending Suit Against Banks

The U.S. Supreme Court announced June 28 that it will hear arguments during its next term about the city of Miami’s ability to sue lenders Bank of America and Wells Fargo for alleged predatory lending, HousingWire reported.

 
Jun 22, 2016 12:30 PM

White House Releases Drone Regulations

The White House on June 21 released regulations for drone usage, including issuing aircraft weight and flight restrictions. Commercial operators will need to be vetted by the Transportation Security Administration and have to pass an aeronautical knowledge exam at an FAA-approved test center.

 
Jun 22, 2016 12:30 PM

Gap Between Homeowner, Appraiser Value Opinion Shrinks

Homeowner and appraiser opinions of property value grew closer in May, with appraiser valuations only 1.89 percent lower than homeowner estimates, down from 1.95 percent in April, Quicken Loans reported June 14 in its Home Price Perception Index.

 
Jun 22, 2016 12:30 PM

Fannie Mae Delays Desktop Underwriter Update

Fannie Mae announced June 21 that it will delay until late September its updates to the Desktop Underwriter program. The updates, which originally were slated for June 25, should provide more certainty to lenders while expanding access to credit and homeownership to a larger pool of borrowers.

 
Jun 15, 2016 12:30 PM

GSE Single Security on Track for This Year

Freddie Mac is expected to go live with its common securitization platform later this year while Fannie Mae will follow in 2018, Mortgage Orb reported June 1. The government-sponsored enterprises designed the single-security platform to enhance liquidity and stability in the secondary market.

 
Jun 15, 2016 12:30 PM

Fannie Mae Plans Significant Data Release on Modified Loans

Fannie Mae announced June 6 that it will release a huge collection of data on previously modified loans in its portfolio as part of its effort to securitize re-performing loans later this year, HousingWire reported. Fannie plans to release the data in July.

 
 
Results: 137 Articles found.

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