Federal Reserve Chairman Jerome Powell talks about administering additional stress tests in response to the pandemic but assures members of the House the goal is not to raise capital requirements.
Read More »Could COVID-19 Impact How Housing is Perceived?
New commentary says expanding housing will not only expand the economy but give more people the opportunity to succeed.
Read More »Ginnie Mae Announces Borrower Relief Options
New guidelines put in place to handle loans that are in delinquent. Click through to read more.
Read More »The Rise of Fintech in Housing
Tim Mayopoulos, President of Blend and Former Fannie Mae CEO, said Quicken Loans recent plans for an IPO is a further sign of tech’s growing influence within the mortgage market.
Read More »Online Foreclosure Services Expanded
The new digital platform is an end-to-end asset management disposition solution for residential foreclosure, short sale, REO, deed in lieu, CWCOT, and retail property auctions.
Read More »COVID-19 Causing Economic Hardship in California
A study found more than 3 million renters have more than 30% of their income go toward. How many pay more than 50%?
Read More »Two Congressional Bills Aim to Prevent Mass Evictions
Legislation introduced in the House and Senate aims to expand aid to struggling renters during the pandemic.
Read More »Legislation to Reverse CRA Changes Approved by House
Financial Services Committee Chairwoman Maxine Waters said the OCC’s rule would impact low-income and minority communities.
Read More »Mortgage Industry ‘Not Out of the Woods’
Insight said pending unemployment benefit deadlines could impact the number of borrowers who enter forbearance plans.
Read More »Personal Incomes Dip Due to COVID-19
A new report says the pandemic has hit consumers’ savings that hardest. Click through to read more.
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