Tag Archives: CARES act

The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place following the declaration of the coronavirus pandemic. The announcement left ...

In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.

Kurt Johnson has been promoted by Mr. Cooper Group to the roles of Executive Vice President, and Chief Risk and Compliance Officer, drawing upon his 20 years of industry experience.

The House Financial Services Committee will host a virtual hearing to discuss measures taken by the federal government to combat COVID-19. Here’s what else is happening in The Week Ahead.

Overall delinquency rates were highest in Hawaii and Nevada. Click through to learn how else the industry landscape has changed according to the latest CoreLogic data.

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 ...

For mortgage lenders and servicers, the pandemic will prove to be a test of business continuity planning while managing process and regulatory changes in real time, all while maintaining fairness and compliance across all aspects of day-to-day operations.

The Federal Reserve and the Treasury delivered testimony before the Senate Banking Commitee on how the CARES Act is assisting lenders and servicers nationwide.

In addition to updates on how the CARES Act has helped keep homeowners on their homes, the Week Ahead will also feature the latest data on housing starts and sales.

With the total number of borrowers in forbearance expected to hit between and 9 million, here's how servicers can themselves and their customers ready for the wave.