2020 has posed new safety concerns across the country—from spikes in COVID-19 cases, to recent wildfires, storms, and other natural disasters. Still, problems like crime and financial safety continue to be cause for concerns for many cities. WalletHub recently released ...
Read More »Missed Payments, Financial Stress Straining Investors & Landlords
More than one-third of landlords have not received 100% of rent payments during September, according to new data released by the Urban Institute and Avail, a property management platform. In an October survey of 1,381 landlords who own rental properties, ...
Read More »U.S. Workforce Slowly Recovering with More Jobs
There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. ...
Read More »Digital Transactions: A Matter of Business Survival
In the midst of the pandemic and economic turmoil, seamless digital transactions will be at the epicenter of business survival, according to a study by the Economist Intelligence and Transunion. Whether companies thrive or fold will hang on providing consumers ...
Read More »Fannie Mae: Property Preservation Strategies Amid COVID-19
Speaking at this week’s virtual 2020 National Property Preservation Conference, Jacob Williamson, VP for Single-Family Collateral Risk Management at Fannie Mae, offered insight into how the housing finance company has managed property preservation amid the COVID-19 pandemic. When COVID-19 shelter-in-place protocols were introduced this year, vendors and servicers maintaining properties faced major challenges. “We've observed ...
Read More »Why Are Americans Putting Off Selling Their Homes?
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...
Read More »10 Cities with the Most Financial Distress from COVID-19
As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic has taken a massive financial toll on Americans, but some ...
Read More »HUD Grants Fund Housing Counseling and Foreclosure Avoidance Services
More than $12.5 million in supplemental housing counseling grants will help families avoid foreclosure and provide rental counseling services.
Read More »How the CFPB is Helping Homeowners Struggling with Payments
The pandemic, along with the economic downturn it has caused, leaves homeowners across the country struggling to meet their mortgage payments. This has put more pressure on the Consumer Financial Protection Bureau (CFPB) to find ways of helping homeowners who ...
Read More »How Will Housing Struggles Impact the Presidential Election?
There is no denying that the pandemic has altered Americans’ lives and is likely to impact their voting behaviors in the 2020 presidential election. As the election draws nearer, many people are still deciding whether or not they will cast ...
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