Editor's note: This piece originally appeared in the August 2020 edition of DS News, now available. Raman Muralidharan, EVP and Head of Mortgage, HSBC has been with the bank for more than 16 years, has been Head of Mortgage for ...

Paul Nagai, Managing Director, The Antares Company, discusses the effects the pandemic is having on the industry. Note: This piece previously appeared in the August edition of DS News.

Also coming in the Week Ahead are reports on home prices and news on the nation’s homeownership and vacancy rate.

While critics voiced displeasure with the decision to end the Affirmatively Furthering Fair Housing Act, HUD Secretary Dr. Benjamin Carson said, "We want to do things that make sense.”

How has the coronavirus impact the market? Click through to find out.

Commentary on this report says accommodations by the industry helped “thwart a material breakdown” in delinquency performance.

HUD Secretary Dr. Benjamin Carson said the Obama-era regulation was “unworkable and ultimately a waste of time” for many cities.

The bill, which includes nearly $2 billion in assistance for renters and homeowners, was approved by the House of Representatives two months ago. However, what led to a committee member calling the meeting a “waste of time.”

Will the legislation included more provisions to assist homeowners to make mortgage payments?

The Committee’s Chairwoman Maxine Waters said the “landmark law” made significant reforms and enhanced standards for capital, liquidity, and stress testing.