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Housing market institutional freeze: Invitation Homes—the largest owner of U.S. homes—was a net seller for the third straight quarter

Just as national home prices were bottoming in early 2012 following the crash that started in 2007, institutional buyer Invitation Homes (owned by Blackstone at the time) was entering the U.S. housing market and looking for deals at rock-bottom […]

Housing Wire

Mortgage rates inch closer to 7%

Mortgage rates rose slightly this week ahead of the Federal Reserve Open Markets Committee‘s rate hike. The 25-basis point increase to the federal funds rate was widely anticipated and priced in by capital markets. Freddie […]

Housing Wire

Bank regulators release plan to increase capital requirements for mortgage lending

The Federal Reserve, Federal Depository Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) released on Thursday the proposed changes for the Basel III rule (called the Basel endgame), which significantly increases capital requirements for banks. […]