While the GSE announced unpaid principal fell by $7.8 billion, mortgages past due are at their highest level in 2020.
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 »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 »GSEs Update Foreclosure Prevention Actions
Fannie Mae and Freddie Mac have released the latest details on how they're keeping homeowners in their homes.
Read More »The Link Between Unemployment and Forbearance
With unemployment at record levels, many need to put off mortgage payments through forbearance. However, can unemployment numbers predict the number of homeowners taking advantage of these programs?
Read More »Pace of Loans Entering Forbearance Slows
The latest numbers have been enhanced to include loans that were in forbearance but not previously reported as “COVID-19-related.”
Read More »Prepping for a Delinquency Spike
The latest data on delinquencies are low, but experts predict a change in course soon.
Read More »National Flood Insurance Program Transition in Flux
FEMA and state legislators across the country are pushing for private flood insurers to get more involved in the marketplace in order to supplement the coverage the NFIP can provide.
Read More »7.7% of Mortgage Now in Forbearance
The loans in forbearance account for $890 billion in unpaid principal and includes 6.4% of all GSE-backed loans and 11% of all FHA/VA loans.
Read More »House Committee Proposes Debt Collection Prevention
The proposed legislation also includes a ban on foreclosure and debt collection as well as direct payments.
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