More coverage of Nancy Wallace’s work on shadow banking and the mortgage market, in The New Republic.
Professor Victor Couture and colleagues release powerful open-source cellphone tracking data to researchers studying Covid-19.
Nancy Wallace on nonbanks in the looming mortgage market crisis. “They can’t keep pushing the envelope and then expect to be rescued. It’s just wrong.”
“To bail them out after the fact is really unconscionable.” Nancy Wallace in the Washington Post on the mortgage industry’s request for billions in federal aid.
Mortgage firms teeter near crisis that regulators saw coming. A Bloomberg article highlights Fisher Center research on the systemic risk posed by undercapitalized nonbank lenders.
“This is the most uncertainty that I’ve seen in my lifetime.” Ken Rosen in BisNow on the impact of coronavirus on commercial real estate.
“The airports are empty. The roads are empty. It tells you something.” Ken Rosen in the San Francisco Business Times on the likelihood of a pandemic-triggered recession.
Bay Area rents increasing more slowly, due to new supply, affordability, and out-migration. Ken Rosen in SFGate.
Bay Area housing market coolest in the nation, according to Ken Rosen in the San Francisco Chronicle.