Morning Roundup (2/11/25) – New Podcast
| Good Morning! Today is Tuesday, February 11. A federal judge said that the White House had defied his order to unfreeze billions of dollars in federal grants. The Justice Department will dismiss the corruption case against NYC Mayor Eric Adams. Google Maps has renamed the Gulf of Mexico to the Gulf of America for users in the U.S. The Mortgage Note Reports New Podcast: Listen to Scott Kimbler’s one-on-one interview with Ed Pinto, Co-Director and Senior Fellow at AEI Housing Center in Washington, DC. Hottest Market: Manchester, NH, has snatched its crown back from Springfield, MA, and Rockville, IL, to become America’s hottest housing market in January. Reaching The Dream: CBC Mortgage Agency has now helped 50,000 families achieve homeownership with down payment assistance. |
| Quote Of The Day “The Midwest and Northeast have reigned supreme as homes to most of the country’s hottest markets since mid-2022, when mortgage rates picked up steam.” Hannah Jones, Realtor.com Senior Economic Research Analyst |
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In other mortgage and housing news… “Too Much At Stake”: MBA’s Bob Broeksmit called for the release of Fannie and Freddie from conservatorship but said the transition “must be done right.“ Escalation: Rohit Chopra says Trump is “begging for another financial crisis” by defanging the CFPB, which was created to prevent a repeat of 2008. Company News: Argyle integrated with nCino to launch a fully embedded VOIE; Thomas & Company’s Wage and Employment Verification was added to Informative Research’s platform. Help For Victims: California realtors will award $1 million in housing assistance grants to Southern California fire victims. What’s The Catch: Residents of Maui who lost homes in last year’s fires are moving back into temporary structures — that may not be able to withstand the area’s climate. |