The resolution would provide a “temporary” payment of $1,000 per month to all adults to stimulate the economy in the wake of COVID-19.
Read More »HUD Suspends Face-to-Face Requirement in Response to COVID-19
In place of the face-to-face requirement, the partial waiver outlines that mortgagees must establish contact via alternate methods, such as phone interviews, email, or video conferencing technology.
Read More »Mortgage Leaders Form COVID-19 Industry Task Force
The coalition addresses policy and procedure in response to the virus as the industry works to support homeowners.
Read More »FOMC: Interest Rates Dropped to Zero
The Fed announced this measure on Sunday in an effort to bolster the U.S. and global economy that have stalled due to the coronavirus.
Read More »USFN Cancels Industry Events
The mortgage banking attorneys' organization is canceling USFNstruct and the USFN REO/Eviction Issues Seminar in response to COVID-19.
Read More »Regulators Responding to Coronavirus Spread
Here's how the FHFA, the Financial Services Committee, and other institutions are preparing themselves, customers, and borrowers for financial hardship.
Read More »Vote on COVID-19 Support Bill Delayed
The multi-billion dollar proposal comes hours after the President announced a 30-day travel ban on several European countries.
Read More »President Trump Announces Coronavirus Response
In an address to the nation on Wednesday night, President Donald Trump announced several major plans to mitigate the impact of the COVID-19 on the nation and its workers, including a 30-day travel ban.
Read More »Industry Responds as Coronavirus Declared a Pandemic
Financial institutions are being encouraged by state and federal regulators to meet the financial needs of customers and members affected by the COVID-19.
Read More »Five Star Global Cancels Conferences in Response to COVID-19
The announcement impacts upcoming events, including the Single-Family Rental Summit and Five Star Government Forum.
Read More »