The resolution would provide a “temporary” payment of $1,000 per month to all adults to stimulate the economy in the wake of COVID-19.
Read More »Activists Call for Halts on Foreclosures
Miami and San Jose, California have temporarily stopped all evictions, while other cities, including San Francisco and New York, are considering doing the same.
Read More »Biden, Sanders Address Possible Bailout & Mortgage Impact During Presidential Debate
On Sunday evening, presidential candidates Joe Biden and Bernie Sanders met in a debate heavily influenced by concerns over COVID-19—both in setup and content.
Read More »HUD Suspends Face-to-Face Requirement in Response to COVID-19
In place of the face-to-face requirement, the partial waiver outlines that mortgagees must establish contact via alternate methods, such as phone interviews, email, or video conferencing technology.
Read More »Casting a Net for Cybersecurity
Defending your organization against phishing attacks is critical. Here are some tips for ensuring nothing slips through your defenses.
Read More »Financial Institutions Address Tornado Damage
Federal and state financial regulatory agencies have issued a statement regarding how lenders, investors, and other financial players should respond to the recent Tennessee tornados.
Read More »Mortgage Leaders Form COVID-19 Industry Task Force
The coalition addresses policy and procedure in response to the virus as the industry works to support homeowners.
Read More »FOMC: Interest Rates Dropped to Zero
The Fed announced this measure on Sunday in an effort to bolster the U.S. and global economy that have stalled due to the coronavirus.
Read More »Don’t Put CECL on the Back Burner
An extended deadline for the Current Expected Credit Loss accounting standard deadline is no reason to delay a focus on compliance.
Read More »Big Apple Tackling Property Tax Problems
Some groups note that the changes to the city's codes benefit homeowners only, leaving renters behind.
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