Trump to set new tariffs before midnight, White House says
President Donald Trump will sign an executive order on Thursday imposing new tariff rates on trading partners that take effect Friday, the White House said.
Economy
Durst deal offers investors range of office CMBS strengths
The regulatory fate of TikTok, the largest tenant in New York City's One Five One tower, remains unknown.
By
John Hintze
Powell: ‘Many, many uncertainties’ remain for tariff impacts
Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff-related price increases was always going to be slow, but it has taken longer than he expected.
Housing bills advance with pluses, minuses for bankers
The Senate Banking Committee passed a housing package that includes funding for manufactured and other kinds of housing, but also includes an appraisal provision that mortgage bankers oppose.
GSEs could exit conservatorship fast, experts say
Given FHFA Director Bill Pulte's history of making regulatory pronouncements via X, some theorize the release of Fannie Mae and Freddie Mac could occur in the same way.
Fannie Mae cuts rate forecast, raises volume outlook
Fannie Mae also foresees more home sales than it did in June, but the Mortgage Bankers Association reduced its origination projections for 2025.
Mortgage rates rise as investors react to inflation news
For the second consecutive week mortgage rates moved higher, as the likelihood of the Federal Reserve acting diminished after the Consumer Price Index report.
Fed’s Logan unconvinced of case for rate cuts
Lorie Logan, president of the Federal Reserve Bank of Dallas, said in a speech Wednesday that she is content to leave interest rates where they are, adding that she would want to see inflation fall to 2% before considering cuts.
Bitcoin Chases American dream in norm-shattering mortgage push
Federal officials directed Fannie Mae and Freddie Mac to study whether digital assets held on US regulated exchanges might someday be factored into mortgage risk assessments.
Trump admin lets bank CDFI program wither on the vine
Calls for applications for a bank-specific program within the Community Development Financial Institution Fund have been delayed, raising the possibility that those funds are unspent before the appropriated money expires.
GPARENCY’s Ira Zlotowitz tackles table funding securitization in CRE finance
The veteran commercial real estate finance broker aims to change the status quo by increasing securitization efficiency.
By
Amilda Dymi
Mortgage rates turn upward on strong jobs data
The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.
NY Fed report: Return to zero rates a ‘significant’ risk
New research from the Federal Reserve Banks of New York and San Francisco says markets put the odds of zero interest rates lower today than in the recent past, but economic uncertainty raises the potential for drastic cuts in the "medium to long term."
BMO CMBS raises $698 million for diverse property pool
Diversity and metropolitan focus could provide resiliency in economic downturns
Powell unbowed by pressure to cut rates in July
Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.
May PCE inflation rises to 2.3%, supports Fed caution
The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's reluctance to cut rates.
No Fed rate cut until September at earliest, economists say
None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September.
ExteNet to raise $117.5 million in ABS from wireless network leases
ExteNet's capital structure maintains cash flow by including cash trapping and cash sweeping conditions.
Mortgage credit offerings at loosest in over two years
While lenders have come out with more products for the spring season, rate lock data finds buyers still hesitant to act because of high mortgage rates.
Mortgage rates move lower for first time in four weeks
Even with the four basis-point drop, the 30-year fixed rate mortgage remained at levels last seen in February as the Spring homebuying season reaches its climax.
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