Still, foreclosures remain at record lows due to implementation and extensions of moratoria. Servicers are bracing for an unfamiliar environment of post-pandemic activity.
Read More »Metros Most Vulnerable to COVID-19’s Fallout
States along the East Coast, Connecticut through Florida, as well as Illinois, are more vulnerable to the effects of the Coronavirus pandemic and its continuing impact on the U.S. economy, according to a Q1 2021 Special Coronavirus Report published by ...
Read More »Mortgage Management Company Recovco Creates COO Position
The company's President says new addition Trey Beal's understanding of the secondary market will be instrumental as it expands and evolves transaction management services.
Read More »Are Americans Being Priced Out of Their Hometowns?
A report shows a record share of home searchers looking to move to another metro, making it difficult for local residents to win bidding wars in a highly competitive market.
Read More »FHFA Extends COVID-Related Loan Flexibilities
The Federal Housing Finance Agency (FHFA) announced Wednesday that Fannie Mae and Freddie Mac, the enterprises that the FHFA oversees, will extend temporary loan origination flexibilities designed to ensure continued support for borrowers during the COVID-19 pandemic until May 31. ...
Read More »Fudge, Calabria Discuss Housing Affordability, Equity, and More
Two U.S. government agency members who hold positions vital to the housing finance world Tuesday addressed mortgage bankers attending a virtual conference. Back-to-back, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and Mark Calabria, Federal Housing Finance Administration (FHFA) Director who oversees government-sponsored agencies (GSEs) Fannie Mae and Freddie ...
Read More »The Future of Remote Work in the Housing Finance Industry
A survey showed that though remote work has been an overall success, many industry professionals continue to consider human interaction critical to cultivating business relationships.
Read More »FHA Revises Standard Single-Family Servicing Policies
The updates streamline several standard operational requirements for mortgage servicers so that they can more quickly offer effective home retention options to borrowers in danger of foreclosure.
Read More »Swift Sales Further Deplete Inventory
Authors of a new market research report say record-fast sales equal a constantly thinner range of options for buyers to consider, far more competition, and more.
Read More »Next Stage of Economic Recovery Will Be ‘Unprecedented’
Economists say there are many uncertainties to consider when forecasting the country's fiscal rebound, especially within the housing sector.
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