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What the Biden tax plans mean for the housing market

Housing Wire

MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time. I will focus here on the tax elements of the two proposals that would directly affect real estate markets. As part of the AJP, the administration is proposing to invest $213 billion in affordable housing.

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Mortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

Housing Wire

I think the market could be primed to be up a fair amount next year, which I think is a combination of pretty heavy cost reduction efforts and these brokerages getting a lot leaner, I think you are going to see potential for margin expansion with pretty good revenue growth,” said John Campbell of Stephens.

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