Click through to read more details on the balance sheets for the banking giants during Q1 2020.
Read More »One-Third of Americans Burdened by Housing Costs
Click through to learn which states have the highest share of consumers spending more than 30% of their income on their home.
Read More »GSEs Report 4.42M Preventive Actions Since Conservatorship
The FHFA’s report found that 50% of the actions taken during the month were for loan modification. Click through to read more on the report.
Read More »Delinquencies Could ‘Jump Significantly’ with Rising Unemployment
The number of delinquent loans is at its lowest number in more than two decades, but the report noted forbearance programs are serving as a “buffer” from “wide-spread foreclosures.”
Read More »3.5 Million New Mortgage Delinquencies Possible
With unemployment projected to hit 15% during Q2 2020, gauging the impact of COVID-19 is “as much an art right now as a science.”
Read More »DS5: The Shifting Housing Landscape and Remote-Working Challenges
In the latest episode of DS5: Inside the Industry, we spoke to ACC Mortgage’s Robert Senko about Fed actions and zoning shifts, while FHFA diversity leader Sharron Levine provided insights into how the agency and industry are managing the workforce changes brought on by COVID-19.
Read More »Homeowner Relief Could Lead to Servicer Strain
Government mortgage relief programs must walk a tightrope between assisting homeowners impacted by COVID-19 but also ensuring the stability of the mortgage market.
Read More »Unemployment Could Lead to Mortgage Forbearance Surge
A new white paper estimates that a projected unemployment rate of 15% could result in 3.5 million new mortgage delinquencies.
Read More »Ginnie Mae Expands Servicer Liquidity Facility
The company’s Principal EVP said it is an “extraordinary and last-resort option” for issuers during the spread of COVID-19.
Read More »St. Louis Fed Economist on Recession Threat, Housing
Williams Emmons of the Federal Reserve Bank of St. Louis discusses policy and the state of the economy. This feature originally appeared in the April issue of DS News.
Read More »