Morning Roundup (2/14/2022)– Falling In Love With Homes To Have Your Heart Broken?

Good Morning! Today is Monday, February 14. Happy Valentine’s Day. The Los Angeles Rams beat the Cincinnati Bengals in the 56th Super Bowl. A crucial roadway for U.S.-Canadian trade reopened Sunday after authorities cleared a weekend blockade protesting vaccine mandates. “Ghostbusters” producer Ivan Reitman has died at 75.

The Mortgage Note Reports

Falling In Love With Homes To Have Your Heart Broken?: This Valentine’s Day, if your heart is broken because you keep falling in love with homes to lose them to other buyers, you are not alone. Here’s some advice.

Delinquencies Down In Q4: MBA reported that delinquencies on residential properties fell to 4.65% of all outstanding loans in Q4 2021.

New Freddie Leaders: Freddie Mac announced that Kevin G. Chavers and Luke S. Hayden have been elected to its Board of Directors effective Feb. 15, 2022.

And in other mortgage and housing news…

BOA At The Fed: Bank of America called the Fed, saying it is “desperately behind-the-curve” in fighting inflation, which hit 7.5% in January.

MBA Rankings: The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers’ volumes.

Feeling Behind:A ConsumerAffairs report found that 42% of Americans feel uneducated about the homebuying process, while 30% said they wish they’d know more before househunting.

Zillow Q4 Earnings: Zillow lost $261 million in Q4 2021 due to its failed iBuying arm but did better overall than expected, ending the year on an optimistic note.

Crystal Ball: Redfin CEO Glenn Kelman predicts the future of real estate in Fortune, seeing 3D scans and agents making $700,000.

Layoffs Keep Coming: Utah-based proptech Homie has laid off one-third of its staff, citing a changing real estate market.

“Half-Baked”: Dave Chappelle is under fire for helping to kill an affordable housing plan in Ohio, with his spokesperson calling it a “half-baked plan which never actually offered affordable housing.”

Take A Look: Real estate experts list the 20 best places to invest in property in 2022.