Powell tempers the rate hike message with a reminder that the path forward is likely to be very, very slow:. the housing market is transitioning from multifamily to single family construction:. you had a big bubble for the U.S. housing sector which was very large and affects lots of people, so that was a huge bubble in terms of the. Multifamily Construction Starts Falter After 5-Year Boom.
California bankruptcy court rules against MERS MBA assembles task force to revisit single-family GSE reform The GSE single task force will consist of members from various companies including jpmorgan chase, PNC Bank, Wells fargo home mortgage, PennyMac Loan Services and Quicken Loans.Evidence and briefs were filed and, pursuant to the court’s authority under Nebraska Rule of Bankruptcy Procedure 7056-1, the motion was taken under advisement without oral arguments. The motion is denied. In 2003, Ms. Mertz and Mr. Bahney took title to a single-family residence in Dakota County, Nebraska, as joint tenants.