Government

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.

Click through to read how the $2.2 trillion stimulus will help people remain financial stable during the COVID-19 outbreak.

The Chairwoman of the House Financial Services Committee is seeking more information on reports that the bank was seeking to remove the asset cap introduced in the wake of its fake accounts scandal.

In some of the hardest-hit states, including California and New York, city and county officials are placing restrictions on evictions and foreclosures.

As homeowners impacted by COVID-19 go into forbearance, servicers could lack the liquidity necessary to offset the impact of missed mortgage payments.

According to Director Mark Calabriathe despite the slowdown in economic activity, there have been low rates of serious delinquency.