Government

In a new white paper, the former CFPB Director outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused by the coronavirus.

In this episode of DS5: Inside the Industry, FHFA Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the programs being offered to homeowners.

Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers.

The JPMorgan Chase CEO expects the coronavirus crisis to include elements of financial strain similar to the 2008 downturn. Here's how the bank is weathering the crisis.

In The Week Ahead, get insights on how business is being done in the age of COVID-19, and what regulators are doing to assist homeowners, lenders, and servicers in the latest episode of DS5: Inside the Industry.

In the April issue of DS News, hear from servicers and other subject-matter experts on the Fannie Mae and Freddie Mac's history, the stakes involved, and the challenges ahead.

A new white paper discusses how new programs and changes introduced in the CARES Act will affect the servicing process.

Despite programs to assist homeowners impacted by COVID-19, an economist said there will be an “extended period” of rising defaults.

New guidelines include providing homeowners who have been impacted by COVID-19 with deferred or reduced payments for up to six months.

Under the recently signed CARES Act, the FHFA Director notes that borrowers are "on the honor system" when it comes to taking advantage of loan forbearance programs.