The government-sponsored enterprises (GSEs) completed 166,942 foreclosure prevention actions in August, according to new data from the Federal Housing Finance Agency (FHFA). Fannie Mae and Freddie Mac performed 3,599 permanent...
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FHA 2020 Report Shows How It Helped Struggling Homeowners
...liquidity and stability.” It outlines how FHA responded to the pandemic by “implementing a foreclosure and eviction moratorium and offering forbearance and other support” for American homeowners who faced COVID-19-related...
Read More »Opportunity Zone Analysis Reveals ‘Dueling Trends’
...Data Solutions, which collects and analyzes property, mortgage, foreclosure, and disaster statistics. While the report showed home price gains steadily climbing nationwide, prices are rising more slowly—or not at all...
Read More »30-Day Delinquencies at Lowest Rate Since 1979
...of 335 basis points from last year. "With forbearance plans still active and foreclosure moratoriums in place until at least the end of the year," said Walsh, "many borrowers experiencing...
Read More »‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’
Due to forbearance plans, home foreclosures are at record lows, but skyrocketing serious-delinquency rates point to a rough road ahead. That is, according to CoreLogic, provider of property-data analysis, which...
Read More »Habitat for Humanity to Congress: ‘Act Now for Housing’
About 30-40 million American homeowners and renters face foreclosure or bankruptcy and loss of housing when protective moratoria expire December 31, studies show. The global nonprofit Habitat for Humanity is...
Read More »Nonprofit Calls on Policymakers to ‘Act Now for Housing’
About 30-40 million American homeowners and renters face foreclosure or bankruptcy and loss of housing when protective moratoria expire December 31, studies show. The global nonprofit Habitat for Humanity is...
Read More »NAHB Files Lawsuit Opposing CDC Moratorium
...and pop property owners must continue to pay their mortgage, property taxes, employees and cleaning/maintenance services. And without sufficient rental income, a number of properties would be pushed into foreclosure.”...
Read More »Foreclosures and Evictions Could Derail a Recovery
...be forced to deal with the greatest foreclosure and eviction crisis since the Great Recession. After the COVID-19 pandemic disrupted the economy, moratoriums were declared on both foreclosures and evictions....
Read More »Best of DS5: Advancing Tech and Working From Home
...also what the industry can do to protect homeowners from foreclosure once they exit forbearance. Staying Engaged With Employees During COVID-19 Marti Diaz, Chief HR Officer with Mortgage Contracting Services,...
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