The COVID-19 pandemic has impacted every aspect of our lives. Here’s how it could finally prompt needed changes in the appraisals sector.
Read More »CFPB Assisting Loss-Mitigation Efforts
Mortgage servicers seeking to assist struggling borrowers to avoid foreclosure and engage in loss mitigation efforts would be able to apply for their own No-Action Letter.
Read More »‘Tides Have Changed’ For Fannie Mae, Freddie Mac
Commentary on the GSE’s response to the COVID-19 pandemic says it gave Congress options to assist homeowners, with one insider saying, “the private market can’t save us.”
Read More »Comptroller Joseph Otting to Step Down
One of Otting's final moves as Comptroller was to release a final rule under the Community Reinvestment Act.
Read More »Single-Family Rental Market Defies Market Conditions
Investors are seeing that the single-family built-for-rent market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market.
Read More »Measuring Mortgage Hardships and Delinquencies
According to a new study, the percentage of accounts in a hardship status has increased significantly across all loan categories and risk tiers, including mortgages.
Read More »Over 2.4 Million More Unemployment Claims in the Past Week
Claims experienced a slight decline from the previous week, but here's why unemployment insurance data remains "difficult to interpret" amid rising delinquency numbers.
Read More »Fitch Reviews GSE Credit Risk During Forbearance
The credit rating agency placed seven classes on Rating Watch Negative (and six related exchangeable notes) on Fannie Mae and Freddie Mac.
Read More »Five Star Academy Courses Free For the Next Month
Click through to read more on this special offer from Five Star Global for free access to programs created by housing and mortgage experts.
Read More »Mortgage Delinquencies Experience Historic Spike
The nationwide delinquency rate hit its highest single-month increase in history in April. What does this mean for the months ahead?
Read More »