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Rising defaults, fraud risks, and collapsing rents are converging in urban multifamily, threatening lenders and taxpayers, according to the Chairman of Whalen Global Advisors.
February 5
Whalen Global Advisors LLC -
The documents that the Housing Policy Council obtained from FHFA show past debate over one newer score and concerns about a single report with redacted context.
February 5
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More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year.
February 5
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Looking to build on last year's live sing-along, Lady Gaga will be performing the theme to Mister Rogers Neighborhood in a campaign from Rocket and Redfin.
February 5
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Fraudsters and modestly dishonest employees can use generative AI to quickly create convincing fake utility bills, pay stubs, passports and other documents banks rely on.
February 5
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Leverage is moderate in Saluda Grade's pool, yet the junior liens carry slightly more LTV and DTI risk, on a weighted average (WA) basis.
February 4
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Federal Reserve Gov. Lisa Cook said in a speech Wednesday night that the central bank's credibility depends on its ability to bring inflation back to its 2% target.
February 4
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Home equity investment platforms continue to attract dollars from the venture capital community but also face a proposed de facto ban in one state.
February 4
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In a contentious House Financial Services Committee oversight hearing, Treasury Secretary Scott Bessent sidestepped questions on the Trump family crypto conflicts of interest and inflation with pugnacious responses to Democratic lawmakers' questions.
February 4
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After four years, the senior note classes will either pay a 100 basis-point increase to the fixed coupon or the net weighted average coupon (WAC) rate, whichever is lower.
February 4
