Curated Video
AP: Renting Expanded in Wake of Housing Crash
SAN ANTONIO IS ONE OF SEVERAL AREAS ACROSS THE COUNTRY WHERE CONSTRUCTION IS UNDERWAY TO ADDRESS THE LATEST TREND IN HOUSING: AN EXPANDING GROUP OF PEOPLE WHO WHO CAN ONLY AFFORD TO RENT.SOUNDBITE (English) Randall Pool, Renter:"We would...
Bloomberg
Michael McKee on Federal Reserve Assets
Mar.19 -- Bloomberg's Michael Mckee explains the Fed's balance sheet on "Bloomberg Daybreak: Americas."
Bloomberg
WeWork Files for IPO After a 'History of Losses'
Aug.14 -- WeWork Cos. has filed to go public after months of speculation. Bloomberg's Sonali Basak reports on "Bloomberg Daybreak: Americas."
Bloomberg
Mnuchin Dims Investor Hopes on Fannie Mae and Freddie Mac
Jun.10 -- Treasury Secretary Steven Mnuchin made clear that freeing Fannie Mae and Freddie Mac from U.S. control won’t happen without an overhaul of the nation’s housing finance system, potentially dashing investors’ hopes that they...
Bloomberg
Australian Banks Face Competition Inquiry Into Mortgage Rates
Oct.13 -- Australia’s major lenders are facing a new investigation, this time into why they haven’t passed on the RBA’s rate cuts in full. Bloomberg’s Peter Vercoe reports on “Bloomberg Daybreak: Asia.”
Bloomberg
Guggenheim's Millstein Expects Restructurings to Mount Amid Virus
Mar.27 -- Guggenheim Securities Co-Chairman Jim Millstein says federal leaders need to act quickly when enacting the stimulus programs. He speaks with Bloomberg's Alix Steel and Sonali Basak on "Bloomberg Daybreak: Americas."
Bloomberg
Former Fannie Mae CEO Expects Refinancing Activity to Increase Substantially
Mar.26 -- Former Fannie Mae Chief Executive Officer Tim Mayopoulos, Blend Labs chief executive officer, expects the coronavirus epidemic to take a serious toll on the U.S. housing market. He speaks with Bloomberg's Scarlet Fu and Romaine...
Curated Video
Federal Reserve To Keep Rates Near Zero Even If Inflation Rises
Chairman Jerome Powell said Thursday the new approach is more flexible. He noted if inflation spiked, the Fed could still make adjustments.
Bloomberg
Wells Fargo Profit Slumps as CEO Addresses Old Scandals
Oct.14 -- Wells Fargo & Co. profit slumped 56% as Chief Executive Officer Charlie Scharf took charges to address old scandals and begin his job-cutting push. Bloomberg's Sonali Basak has more on "Bloomberg Surveillance."
Bloomberg
Subprime Solar Sets Financial Trap for Homeowners
Apr.08 -- Predatory deals from the financial crisis are back, just in time for the climate crisis. Bloomberg's Jillian Goodman explains on "Bloomberg Markets: The Close."
Bloomberg
Powell: Little Support for Tapering MBS Earlier Than Treasuries
Jul.28 -- Federal Reserve Chair Jerome Powell says there is little evidence of a link between MBS purchases and housing prices. He speaks at a news conference following the decision by the Fed's policy-setting FOMC to keep its benchmark...
Bloomberg
Natwest’s Davies Sees Risk of Rising U.K. Inflation Expectations
Jul.21 -- Howard Davies, chairman at Natwest Group, discusses U.K. inflation expectations and the road back to the office from the Coronavirus pandemic on “Bloomberg Surveillance Early Edition.”
Bloomberg
Housing Coming Back Into Balance, JPMorgan's Feroli Says
JPMorgan Chief US Economist Michael Feroli says housing inventories are likely to remain "pretty lean" and adds that he doesn't expect home prices to decline. He speaks on "Bloomberg Surveillance."
Bloomberg
Housing Isn't Heading Into a Downturn, Enact CEO Says
Enact CEO Rohit Gupta says current economic dynamics are still supportive to the housing market in the near term but he does expect home price appreciation to slow down. Speaking on "Bloomberg Markets: The Close," Gupta also says he...
Bloomberg
We're Heading Into a Housing Recession: NAHB CEO
National Association of Home Builders CEO Jerry Howard says we're heading into a housing recession and home builders are going to start holding off on new projects. He speaks on "Bloomberg Markets: The Close."
Bloomberg
China's Mortgage Boycott Capital Plans Property Bailout Fund
In China, the government is grappling with a property crisis that risks engulfing the country's banks and middle-class homeowners. Enda Curran reports on Bloomberg Television.
Bloomberg
What a Rise Mortgage Defaults Would Mean for China Banks
Grace Wu, head of Greater China bank ratings at Fitch Ratings, discusses what the property market crisis means for lenders in the world's second-largest economy. Tens of thousands of people around the country are withholding payments on...
Bloomberg
Cracks in Canada's Housing Market Start Appearing
For the past 25 years, Canada has been in the grip of the world's biggest housing boom, a near unbroken run of price appreciation unparalleled among its developed peers. Now it's over, and pain is starting to spread. Bloomberg's Kevin...
Bloomberg
Fitch: No Single White Knight for China Property Market
Tyran Kam, head of China property at Fitch Ratings, discusses the prospects for the country's real estate market. China's largest developer Country Garden Holdings Co. warned earlier this month that first-half earnings probably tumbled...
Bloomberg
Big Banks, Brokerages Continue Cost Cuts
As recession fears continue to grip world economies, banks and brokerages are cutting costs and laying off workers. Jefferies Financial Group Inc. has issued a warning when it comes to bonuses, Wells Fargo & Co. is cutting hundreds more...
Bloomberg
China Evergrande Falls Short of Promised Restructuring Plan
China Evergrande Group failed to deliver a 'preliminary restructuring plan' it had promised by the end of July. The world's most indebted developer presented instead what it called 'preliminary restructuring principles' for its offshore...
Curated Video
Auction of homes seized after owners defaulted on payments
1. Mid of auctioneer starting bid, UPSOUND: (English) "Just sixty nine thousand dollars."
2. Side shot of auction stage
3. Close of auction guide
4. Close of auctioneer
5. Members of the audience bidding
6. Auctioneer in audience
7....