Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers.
Read More »Jamie Dimon: We’re Getting a ‘Bad Recession’
The JPMorgan Chase CEO expects the coronavirus crisis to include elements of financial strain similar to the 2008 downturn. Here's how the bank is weathering the crisis.
Read More »The Impact on At-Risk Homeowners
Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected.
Read More »The Week Ahead: Insight from FHFA Director on Forbearance
In The Week Ahead, get insights on how business is being done in the age of COVID-19, and what regulators are doing to assist homeowners, lenders, and servicers in the latest episode of DS5: Inside the Industry.
Read More »Mortgage Leaders to Discuss Pandemic Response
On May 6, join industry leaders at the virtual he Mortgage Industry Pandemic Summit to discuss the major operational challenges facing mortgage and real estate companies and the financial industry at a time when people are avoiding face-to-face contact during the COVID-19 outbreak.
Read More »DS News Magazine Preview: The Latest on GSE Reform
In the April issue of DS News, hear from servicers and other subject-matter experts on the Fannie Mae and Freddie Mac's history, the stakes involved, and the challenges ahead.
Read More »New White Paper: Mortgage Servicers Bracing for Forbearance Impact
A new white paper discusses how new programs and changes introduced in the CARES Act will affect the servicing process.
Read More »Mark Calabria Urges Borrowers to ‘Be Honest’
Under the recently signed CARES Act, the FHFA Director notes that borrowers are "on the honor system" when it comes to taking advantage of loan forbearance programs.
Read More »Update on Bank Revenues
Financial institutions have seen drops since Q4, and are underperforming in the wake of COVID-19.
Read More »Housing: Braced for Recession?
Housing has been a casualty of the current economic crisis and not a cause, but a bubble may still be on the way.
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