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Forbearance Volumes Change Course

neighborhood

After falling by 273,000 or 9% over the past two weeks, forbearance volumes edged upward this week. Data collected by Black Knight through November 17 showed that about 5.2% of all active mortgage loans nationwide are in forbearance programs—that's about ...

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Social Welfare Group Pushes for Immediate Pro-Housing Policy

Housing equality—along with vanquishing systemic barriers and the creation of additional homes—is front and center for a campaign called Up for Growth Action, a 501(c)(4) federal pro-housing legislative advocacy campaign pushing for pro-housing policies at the federal level, according to ...

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The Industry Pulse: Leadership, Acquisitions, and Partnerships

Minneapolis-based Bell Bank has hired Jesse Schwab as EVP/Chief Risk Officer, with oversight of all non-credit related risk management for Bell Bank and its divisions. “We’re excited to have Jesse join our growing Bell team,” said Michael Solberg, Bell’s president and CEO. “His experience in this arena will help us implement additional risk management processes and policies. ...

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COVID-19 Vaccine Could Help Boost Urban Real Estate

city, urban, new york

CNN Business recently posted a report covering the possibilities of how a COVID-19 vaccine could directly affect the real estate market. According to real estate and economy experts, the arrival of a vaccine could really begin to turn the market ...

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The American Housing Industry’s Biggest Challenges

house, home, housing, residential

Historically low interest rates and sustained strength in numerous economic sectors have helped jump the for-sale housing market this year. However, the housing industry is bearing a particularly harsh brunt of COVID-19—especially in terms of a scarcity of affordable rental ...

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FHFA Announces Milestone Toward Ending Conservatorships

The Federal Housing Finance Agency (FHFA) released a final rule to the Federal Register for publication today that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac, also known as the Enterprises. The final rule makes changes ...

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Homeowners Drawn to Western States Despite Risk

Wildfire resiliency

The historic wildfire season that left thousands of homes destroyed and millions of acres burned in the western states is likely to be reprised in the coming years with increased levels of wildfire destruction, according to a new study released ...

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The Importance of Communicating With Struggling Borrowers

Editor's note: This story originally appeared in the November edition of DS News.  Mortgage forbearance is still a reality for many borrowers and servicers, more than six months after the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) took effect on March 27. Under the CARES Act, mortgage ...

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