Research indicates that mortgage servicers and the federal government may have learned some important lessons from the 2008-09 financial crisis that they have applied to the country's current health-related economic situation.
Read More »FHFA’s Foreclosure and Eviction Moratorium Extended Again
The original expiration date was January 31. Here's the latest details on the moratoria from the FHFA and Director Mark Calabria.
Read More »Fannie, Freddie’s Conservatorship Fate Left to Biden Administration
A researcher examines the Trump administration’s final steps to reform the GSEs and finds modest momentum for the enterprises' release from conservatorship.
Read More »Legal Strategy and Budget: 10 Things Investors Should Consider
Editor's note: This story originally appeared in the January edition of DS News. Over the last nine months, the magic words have been “new normal” or “when things return to normal.” With how the default industry has been proceeding (and the ...
Read More »Tracking Homeowners’ Desire to Relocate
A survey by LendingTree found that about half of Americans looked into moving in the coming year. The researchers took a closer look at where, specifically, homeowners who relocate are most likely to go. Using data from January-December of 2020, ...
Read More »Economy ‘Ready to Take Off’ in 2021
Fannie Mae's Economic and Strategic Research (ESR) Group expects the U.S. economy to grow 5.3% in 2021, an upgraded forecast from the 4.5% reported last December. The GSE also issued an improved projection for 2022 at 3.6% growth from 3.2%. ...
Read More »California Housing Market Ends 2020 on a High Note
Despite a myriad of obstacles stemming from two pandemic-induced lockdowns and a problematic economy that forced many residents and businesses to leave the state, California's housing market closed 2020 with a vibrant sales rate and a fifth record-high median price ...
Read More »How Biden’s Economic Stimulus Plan Might Impact Housing
President-elect Joe Biden last week provided a $1.9 trillion plan for rescuing the U.S. economy. Housing industry insiders and other American's have responded to key housing-related areas of the package including individual stimulus checks in the amount of $1,400 (in ...
Read More »HUD Face-to-Face: Is it a Condition Precedent
Editor's note: This story originally appeared in the January edition of DS News. Florida’s Fourth District Court of Appeals has recently issued two new opinions concerning the “HUD Face-to-Face Provision.” Both actions involved the involuntary dismissal of foreclosure cases at ...
Read More »The Week Ahead: Servicing Challenges in Uncertain Times
The Week Ahead features multiple webinars on industry issues including COVID-19-related servicing obstacles, diversity and inclusion, and the state of the economy.
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