FHFA drops debt-to-income based pricing adjustment – American Banker

FHFA drops debt-to-income based pricing adjustment – American Banker

The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.
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What The Growth Of Direct-To-Consumer Brands Means For Retail Real Estate – Forbes

Malls still had high vacancy rates, many being class B and C real estate. However, the trendy DTC brands of today don't want to be in those centers.
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Down Payments Are Shrinking: Can Buyers Put Down Less? – Realtor.com

The housing market is seeing an overall decline in down payments for the first time since the second quarter of 2020, according to a new report
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Lender of the Year: PNC Bank | Middle Market Growth

PNC Bank was among the most active lenders in 2022, with strong growth in its corporate lending and asset-backed lending businesses.
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High mortgage rates, limited supply leave younger first-time homebuyers feeling priced out

With continued high demand, limited supply and high mortgage rates, many younger new homebuyers say they're being priced out of the market.
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Failed merger amid banking crisis – GZERO Media

First Horizon says the abandoned deal is unrelated to the banking crisis, which has hit three mid-size banks since March and undermined market
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Real estate transfers week of May 18 – The Ellsworth American

Nigel P. Chase, Brooksville, to Nigel Chase and Xiaotong Zou, Brooksville, as joint tenants, land with any buildings or improvements. Estate of David
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Senate Holds 1st SAFE Banking Bill Hearing While Sen. Warren Pushes For Cannabis Descheduling

The U.S. Senate Banking Committee held a comprehensive hearing on Thursday to discuss the Secure and Fair Enforcement (SAFE) Banking Act.
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Redfin Reports Limited Listings Lead to Few But Fast Home Sales | Business Wire

Fewer homes are selling than usual this spring—but the ones that are … “This spring's housing market is hot but cold, with scant listings making
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Dwight Capital, Dwight Mortgage Trust Close $118.35M in Financing for Mostly SNFs in Q1

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, financed over $118.35 millionM in seniors and healthcare financing during Q1 2023.
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The Looming Default: Gauging the Impact of a US National Debt Crisis

With the US dollar as the global reserve currency, a default would likely lead to its devaluation. Consequently, international trade could face severe
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Mobile matters when it comes to choosing a bank – BAI

“Banking and insurance-related services are likely to play key roles in super-app functionality, but traditional banks are not structured to deliver a
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Pat Sajak's daughter filled in for Vanna White on 'Wheel of Fortune' – 10News.com

Pat Sajak was joined by a very special co-host on the latest episode of “Celebrity Wheel of Fortune”: his daughter, Maggie. Maggie Sajak filled in
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Watch Dimon: Regulators Should Look at Short-Selling of Banks – Bloomberg

JPMorgan Chase Chair and CEO Jamie Dimon says regional banks are “quite strong” during an interview with Francine Lacqua on “Bloomberg
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Monthly Mortgage Payments Could Surge 22% If US Defaults – Bloomberg.com

Mortgage rates could soar to 8.4% if the debt ceiling isn't raised, pushing the mortgage payment on a typical home 22% higher and cooling property
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Boston-area mayors sign compact to improve diversity in real estate projects – WGBH

Local mayors are committing to improving diversity, equity and inclusion in the real estate business by signing a compact that pledges a historic
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Digital transactions on the rise, but banks 'branch out' to drive growth – The Economic Times

Banks have brought the focus back on physical network expansion as they aggressively open branches belying expectations that growing digital
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Average long-term US mortgage rate falls to 6.35% this week, lowest level in … – Big Rapids Pioneer

Long-term mortgage rates have mostly edged lower in recent weeks, welcome news for prospective homebuyers looking for some relief after years of
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Instant Reaction: Mortgage Rates, May 11, 2023 – National Association of REALTORS®

Mortgage Financing. By: Nadia Evangelou. With inflation falling below 5%, mortgage rates moved lower this week. According to Freddie Mac,
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Berkshire Bank Names Andrew Webb Senior Vice President of Private Banking in Capital Region

ALBANY — Berkshire Bank has announced Andrew Webb has joined Berkshire's Private Banking team as senior vice president (SVP).
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