The Financial Stability Oversight Council enhanced its powers to designate non-bank financial institutions as systemically important Friday, emphasizing transparency and the need to protect financial stability....
NextGenMortgage
IMBs and the bridge they create to affordable homeownership
Policymakers are all too quick to categorize IMBs as financially risky institutions; making them easy targets for stricter - and unnecessary - federal oversight and regulatory efforts, Stevens and Olson argue....
Is portability the cure to the mortgage market’s woes?
In Canada and the U.K., borrowers can take mortgages with them from home to home. Some say this feature could unlock the U.S. housing market, but others say it would be more trouble than it's worth. https://www.nationalmortgagenews.com/news/is-portability-the-cure-to-the-mortgage-markets-woes
Real estate euphoria highlights trader angst for end to hikes
Real estate finished November as the second best performing group in the S&P 500 Index adding 12%, trailing slightly behind tech's 13% gain. The momentum was fueled by bets the central bank may begin cutting rates as early as next year....
Sellers see double-digit losses in one U.S. market
Despite rate hikes, most still profit by an average of 3% but local exceptions may continue to increase. https://www.nationalmortgagenews.com/news/sellers-see-double-digit-losses-in-one-u-s-market