The decline in homeownership rates to near 50-year lows is partly to blame for the U.S. economy's sluggish recovery from the last recession, new data suggest. (Subscription may be required.)
Housing Finance
HousingWire
|
Fannie Mae: Lender optimism higher than ever
|
Lenders are now more confident than ever in the economy, however, a shift towards purchase mortgages creates challenges for their profit margins, according to Fannie Mae's first quarter 2017 Mortgage Lender Sentiment Survey.
|
|
|
|
The New York Times
|
As the Number of Foreclosures Falls, Newer Firms Get Into the Game
|
The number of home foreclosures is down sharply from the depths of the financial crisis, even as many of the mortgage firms involved remain the same, including Fannie Mae, Wells Fargo, Bank of America and JPMorgan Chase.
Multifamily
|
The Wall Street Journal
|
Condos conquer Los Angeles
|
President Donald Trump's second choice for labor secretary, law school dean Alexander Acosta, stands in contrast to his first pick, fast-food executive Andy Puzder. (Subscription may be required.)
|
|
|
|
The Wall Street Journal
|
Apartment market slumps as supply surges
|
Apartment landlords across the U.S. struggled through a tough first quarter as a slowdown in the rental market grew worse. (Subscription may be required.)
|
|
|
|
|
|
|
Product News
|
Bio-Microbics, Inc. – Providing Onsite Water/Greywater/Wastewater Solutions
|
RECOVER® Greywater Treatment & Reuse | Conservation Device for Water Efficiency
|
Residential Water Recovery System captures shower water, applies filtration and disinfection to be used to flush toilet(s). Saves up to 30% of water consumption in the home. Controller automates cleaning the screen, managing storage/purge process, and auto detects toilet leakage - potentially saving extra 13% in usage!
|
|
|
|
|
|
Labor Shortages
The Wall Street Journal
|
America' s Growing Labor Shortage
|
President Trump approved the Keystone XL pipeline on Friday, and good for him, but will there be enough workers to build it? That's a serious question. Many American employers, especially in construction and agriculture, are facing labor shortages that would be exacerbated by restrictionist immigration policies. (Subscription may be required.)
|
|
|
|
|
|
|
|
Tax Reform
|
|
The Weekly Standard
|
Time to Fix Fannie and Freddie
|
Comprehensive tax reform, done right, would accomplish many things: It should boost investment, productivity, and employment, and along with these economic growth. That is the intent, anyway.
|
|
|
|
|
|
Dodd-Frank
|
American Banker
|
Health care repeal failure complicates rollback of Dodd-Frank
|
House Republicans' failure to repeal the Affordable Care Act — an issue that has animated the party caucus since its passage in 2010 — has thrown into question their ability to enact regulatory relief. (Subscription may be required.)
|
|
|
|
|
|
|
CFPB
|
HousingWire
|
What is the most likely outcome for the CFPB?
|
As the confusion and uncertainty around the Consumer Financial Protection Bureau continues to escalate, HousingWire gathered three expert panelists to weigh in on the discussion, giving their insights on the most likely steps forward for the government and bureau.
|
|
|
|
|
|
|
|
|
|
|