Items Tagged with 'Bloomberg'

ARTICLES

  • Single-family rental giant bets big on house flipping market

    Amherst Holdings is putting up $1 billion to fund the launch and expansion of a house flipping operation called Bungalo
    Amherst Holdings, one of the largest single-family rental entities in the U.S., is putting up $1 billion to back a platform it can use to sell off homes it has flipped. According to a Bloomberg article, Amherst owns or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalo to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience.
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  • Monday Morning Cup of Coffee: Manafort to forfeit $21.7 million in real estate holdings

    Plea deal includes five properties and three bank accounts
    Welcome to another week. It’s time for your Monday Morning Cup of Coffee. Wake up; smell the coffee; and let’s make some money this fine Monday morning. Monday Morning Cup of Coffee takes a look at news coming across HousingWire's weekend desk, with more coverage to come on bigger issues.
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  • Bloomberg: There's never been a president this unpopular with an economy this good

    Donald Trump's popularity numbers are in the dumps despite a strong economy
    According to an analysis by Alexandre Tanzi and Rich Miller at Bloomberg, no president has ever been this unpopular when the economy has been this good. Typically, a strong economy bodes well for the party in control at the time, but Republicans are having to fight to suppress displeasure with Trump and play up the great economy to voters as the midterms loom large.
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  • Bloomberg: Trump taking shots at the Fed, again

    Trump publicly expresses displeasure with decision to increase interest rates
    President Donald Trump is back at it, taking shots at Federal Reserve Bank Chair Jerome Powell. Bloomberg reports that according to the three people present at a fundraising event in the Hamptons, Trump complained to wealthy Republican donors at a fundraiser in the Hamptons that Powell was raising interest rates.
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  • Old school? Senior citizens' campus takeover

    Seniors are showing a growing preference for living on or near university campuses
    There appear to be a growing number of senior citizens looking for housing on or near universities. Investors are capitalizing on this demand, building senior housing around campuses, and one university is even putting a senior housing property on its campus in New York.
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  • U.S. borrowers are compiling more debt

    Borrowers need to be cautious of negatively impacting credit profiles
    Bank of America says that U.S. borrowers are compiling more debt while simultaneously keeping their credit profiles healthy for now, according to an article by Will Mathis and Jennifer Surane for Bloomberg.
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  • Bloomberg report sounds warning on pending mortgage lending crisis

    Critical language aside, they may have a point
    The language may be infuriating for a loan officer to read: referring to mortgage lenders as "small-time bankers" who are "peddling to the poor." But Prashant Gopal’s Bloomberg report states that even the Federal Housing Administration is concerned about rising defaults in its mortgage insurance program.
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  • Monday Morning Cup of Coffee: Getting Millennials to buy housing is becoming a joke

    Plus, some hard hitting housing and economic reports
    CNBC reports getting a mortgage is about to get easier. But it's not. At least not with what the reporter is presenting. On the bonus side, it's becoming more and more common to come across funny ways Millennials are intersecting with the houses they don't own. All that and more in your weekly Monday Morning Cup of Coffee.
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