In this Video Spotlight, get an update on the distressed mortgages and their impact on real estate investment trusts.
Read More »The Week Ahead: Update on Unemployment
In The Week Ahead: get the latest on how many homeowners are out of work, as well as new data for h investors on default risk.
Read More »How the CARES Act Impacts Mortgage Servicers
Tendayi Kapfidze, Chief Economist for Lending Tree, noted that the bill did not address the impact on non-bank lenders.
Read More »CFPB Issues Support for Financial Institutions
The Bureau is postponing some data collections from industry on Bureau-related rules to allow companies to focus on responding to consumers in need and making changes to its supervisory activities to account for operational challenges at regulated entities.
Read More »Low-End Rentals Driving Inventory Increases
Already-low rental home inventory, relative to increased demand, drove the rental vacancy rate on one-unit homes down to 5.2%, which was the lowest one-unit rental vacancy rate since 1995.
Read More »Freddie Mac Ceases Issuing LIBOR Securities
The London Inter-Bank Offered Rate, is nearing its end, and set to expire sometime after 2021, with the Secured Overnight Financing Rate, or SOFR taking its place.
Read More »Unemployment Claims Top 3M
Doug Duncan, Chief Economist at Fannie Mae, notes that the increase indicates an expected rise in household financial stress.
Read More »DS5: The Latest Mortgage Industry Insights
Five Star Global is excited to launch DS5, a video newscast where we highlight economic and industry updates and profile executives and leaders.
Read More »Where Overleveraged Homes are Concentrated
Mortgage rates hit an all-time low recently due to the negative effect of the coronavirus pandemic on the U.S. economy, but in many cities across the country, homeowners are finding that they owe more on their home than their home is worth.
Read More »FHFA Tracks GSE Foreclosure Prevention
Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship.
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