Good Morning! Today is Monday, January 22. Ron DeSantis dropped out of the presidential race and endorsed Donald Trump. Israel Prime Minister Benjamin Netanyahu rebuffed pressure from President Biden to create a Palestinian state. It is estimated that 90 Americans have died due to recent severe winter weather.
The Mortgage Note Reports
Women On Top: Single women own more homes than single men, and overall homeownership is now majority female.
Coggiola At Polly: ICE veteran Troy Coggiola has been named COO at capital markets tech provider Polly.
Opinion: Doubling down with more government subsidies for new apartments isn’t the answer to the housing shortage, senior fellows at the American Enterprise Institute say.
In other mortgage and housing news…
“Boardrooms To Bedrooms”: The number of offices under conversion to apartments has more than quadrupled since 2021.
Sharing Opinions: Should historic buildings give way to more housing? Readers of the New York Times shared their thoughts in response to a piece arguing they should.
loanDepot Update: Many of loanDepot’s online services remain inaccessible into their second week in the wake of a data breach that affected 16.6 million customers.
Keys To The Kingdom: Young Americans are prioritizing homeownership over other milestones like marriage and kids, but it could take them three years or more to get there.