Linkage: Fate of Homeownership, Big Banks Crush, New Banks Ramp
Clearing out a Linkage backlog this weekend with lots of links on future banks ramping vs. big banks crushing. This startup vs. incumbent bank story will be a core theme all year, as I detailed on day 1 of the year.
Also a lot of homeownership themes covered, including a big piece I did for HousingWire on whether homeownership is best left to landlords.
More reading than any sane person should do on a Sunday, but it’s curated here for those that want to dive in.
Enjoy your evening…
HOUSING STUFF
- Is American Dream of Homeownership Best Left To Landlords? (housingwire.com)
- Owning a home isn't for everyone(awealthofcommonsense.com)
- Homeownership is still part of the American dream(stratmorgroup.com)
- Shadow banks originate around half of America's mortgage (economist.com)
- Why new home building is so important to economy (see last section) (thebasispoint.com)
- New home building hits highest level in 13 years(bloomberg.com)
- New housing construction strong in 2020(housingnewsletters.com)
- How lenders should prepare as refinances slow down in 2020(mortgagemedia.com)
- This key home zoning problem is contributes to less building(bloomberg.com)
- Finding a balance between mortgage availability and default risk(mortgagenewsdaily.com)
- Where the shelters are full and skyscrapers empty(theatlantic.com)
- What 700 years of interest rates tell us about economy(qz.com)
- Home prices still growing at 5%+ annually(mortgagenewsdaily.com)
- Non-QM - the (supposedly) riskier mortgage that was 2019's buzzword (housingwire.com)
- Risk and reward in the non-QM market(themreport.com)
FINTECH & BANKING STUFF
- Nobody gets rich by shunning lattes and new cars(bloomberg.com)
- Banks, brokers, tech competes for $72 trillion in consumer cash to manage(economist.com)
- Big Banks Doing Great Right Now (nytimes.com)
- Will Big Banks Beat Startup Banks In 2020?(thebasispoint.com)
- Visa's Plaid deal shows you can teach an old dog new tricks(americanbanker.com)
- Here's what future of branch and retail banking looks like(pwc.com)
- Auto loan late payments hit 8 year high(americanbanker.com)
- Alternative data isn't the enemy of underwriting(americanbanker.com)
- Why maturing startup bank SoFi dumped Visa for Mastercard (bizjournals.com)
- Why Are Banks Raising Credit Card Limits Without Asking?(bloomberg.com)
- Monetary policy not enough to fight next recession(economist.com)
MARKETING STUFF
- Banks to adopt standard API, which enables new entrants and better partnerships(paymenteye.com)
- Europe's new API rules lay groundwork for open banking(americanbanker.com)
- FICO changes could lower borrower's credit scores (wsj.com)
- The broad business and consumer impact of California's new privacy law(theverge.com)
- The Bomb Cyclone of California's New Privacy Regulation(consumerfsblog.com)
- The secret to success in direct to consumer marketing(theinformation.com)
- Bank marketing software Total Expert makes bankers 10% more productive (finance.yahoo.com)
- Blend's new loan officer app helps them serve customers better(nationalmortgagenews.com)
CAREER & PURSUITS STUFF
- The Future Of Book Publishing (awealthofcommonsense.com)
- How To Write A Book In Your Spare Time(awealthofcommonsense.com)
- Middle age misery peaks at 47(bloomberg.com)
- So much for my future barista ambitions. Robots taking those jobs too(qz.com)
- Former night owl's guide to becoming a morning person(nytimes.com)