Treasury Secretary Steven Mnuchin plans to leave the Fannie Mae, Freddie Mac privatization decision up to the Biden administration, reports the Wall Street Journal. Looming evictions disproportionately threaten families of color, according to...
Mnuchin indicated he’s not going to pursue any actions that put taxpayers at risk or limit consumers’ access to home loans.
In the first week of December, the proportion of mortgage borrowers that sought forbearance rose to its highest level since August.
Small banks had a good year in 2020, reports the Wall Street Journal. Many businesses in California are at the breaking point amid new shutdown orders, according to The Guardian. These are among today’s must reads from around the commercial real...
CoStar Group estimates that $126 billion in CRE assets will be sold at distressed prices through 2022.
The additional guidance could provide more clarity on what conditions would eventually prompt the Fed to increase or decrease the pace of bond purchases.
Bisnow talked to 43 commercial real estate executives asking how 2020 has changed how they will run their businesses in the future. Dr. Peter Linneman and Matt Larriva claim to have developed a methodology to forecast cap rates for up to a year in...
The move comes amid Oracle’s drive to shed costs during a transition from traditional software to cloud computing.