Tag Archives: CARES

The Week Ahead will also feature statements from the Federal Open Market Committee and the latest on housing affordability.

Here's how the structure of the mortgage assistance program in the CARES Act can increase the proportion of nonperforming loans and cause mortgage servicers to bear the cost.

Tendayi Kapfidze, Chief Economist for Lending Tree, noted that the bill did not address the impact on non-bank lenders.