Bouncing back after a summer slowdown, the demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July's 40% increase, but still below March's record growth.
Read More »Gauging the Pandemic’s Financial Impact
A new survey reveals how homeowners and potential homebuyers are faring during the ongoing COVID-19 health crisis.
Read More »CRT Securities Investors Face Potential Losses
A new report says some within the industry are calling for FHFA to shield them from losses they will incur due to mortgage forbearances amid the pandemic.
Read More »Financial Services Committee Discusses HEROES Act
The bill, which includes nearly $2 billion in assistance for renters and homeowners, was approved by the House of Representatives two months ago. However, what led to a committee member calling the meeting a “waste of time.”
Read More »Second COVID-19 Relief Bill Expected by August
Will the legislation included more provisions to assist homeowners to make mortgage payments?
Read More »Inability to Pay Mortgage Tops Consumer Complaints to CFPB
In a list including credit cards and consumer reporting, how many of the 8,000 total complaints fielded by the Bureau dealt with home loans?
Read More »Financial Services Committee Discusses Implementation of CARES Act
Congressman Al Green expressed “consternation” that some borrowers are not receiving the proper aid when applying for forbearance.
Read More »‘Storm Clouds’ Gathering Over the Housing Market
A new study reveals the counties that are at most risk for foreclosure due to the impact of COVID-19.
Read More »DS5: COVID-19’s Impact on Migration Patterns
Ed Pinto, Director, Senior Fellow, the AEI Housing Center, discussed how the pandemic is impacting how and where homeowners move.
Read More »FHA, FHFA Announce Extended Assistance for Homeowners
The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...
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