This population represents $754 billion in unpaid principal and includes 5.6% of all GSE-backed loans and 8.9% of all FHA/VA loans
Read More »Mnuchin: Current Plans Sufficient to Fund Mortgage Servicers
The Secretary of the U.S. Treasury Department said “we’re not looking at a Fed facility," citing recent measures by Ginnie Mae and the FHFA, and also addressed nonbank servicers.
Read More »Hon. Brian D. Montgomery Discusses the State of Housing
The Federal Housing Commissioner shared keen insights with Five Star Global’s President and CEO Ed Delgado on HUD’s response to COVID-19, helping homeowners, and changes to the CWCOT program.
Read More »Relaxing REIT Taxes Could Mean Trillions for U.S. Economy
Today’s economic woes are giving renewed energy to a call to relax real estate investment trust taxes for foreign investors.
Read More »Coronavirus Hinders Rebuilding Efforts
After more than 40,000 structures were affected by the recent string of tornadoes across the Southeast U.S., a new report identified the unique challenges added by COVID-19 to the recovery efforts.
Read More »GSEs Will Purchase Qualified Loans in Forbearance
The Federal Housing Finance Agency will be approving the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria by Fannie Mae and Freddie Mac.
Read More »FHFA Addresses Mortgage Servicer Liquidity Concerns
The Agency will now allow a servicer to advance up to four months of missed payments on loans. How will this impact mortgages of borrowers impacted by COVID-19?
Read More »Homeowners Are Running Out of Savings
The financial impact of COVID-19 and the measures to decelerate the pandemic have been immediate and widespread, and the housing market is not immune.
Read More »DS5: Zoning Shifts and Adapting to Change
The newest episode of DS5: Inside the Industry features exclusive interviews with Suzy Lindblom, COO for Planet Home Lending and a continuation of our discussion with ServiceMac CEO Robert Caruso.
Read More »CFPB, FHFA Partner on Borrower Assistance Program
Dr. Mark A. Calabria said of the announcement, “No one should be worried about losing their home.”
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