Archive for November, 2018

Fed holds rates but sticks with plan for gradual hikes

The Federal Reserve still plans to gradually increase interest rates but has left them unchanged at a meeting this week. The central bank says the US economy remains healthy but notes a downturn in growth of business investment. Read full story Read more

Capital Markets Outlook: A Tough Road Ahead

Interest rates, costs continue to rise for developers. Read full story Read more

Experts: Midterms won’t change Trump economic programs

The midterm elections, in which Democrats have taken control of the House and Republicans have increased their majority in the Senate, are unlikely to have any short-term impact on economic programs implemented by the Trump administration, market experts said. The stock market's reaction to a split Congress has been positive. Read full story Read more

Fannie Mae adds REMIC structure to credit-risk transfer program

Fannie Mae has made changes to its Connecticut Avenue Securities credit-risk transfer program and now can sell bonds in a real estate mortgage investment conduit, or REMIC, structure as well as give investors recourse to underlying real estate. The REMIC issuance "checks all of those REIT boxes, and we think it's important over the long-run to have a structure that works for them from a tax and regulatory standpoint," says Fannie Mae's Laurel Davis. Read full story Read more