Tag Archives: Coronavirus

Click through to see the increase in the number of mortgages being deferred over the past week.

Federal financial institution regulatory agencies are encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications.

As part of a new COVID-19 relief package, the House Committee staff are also recommending a blanket ban on stock buybacks and a pause on any negative credit reporting.

New analysis looks at how much it would cost if nearly 12 million people need help paying their mortgages.

According to a new report, counties in these states are most vulnerable to the economic impact of the coronavirus, with a high volume of underwater homes and high wages required to pay for major homeownership expenses.

In a new white paper, the former CFPB Director outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused by the coronavirus.

In this episode of DS5: Inside the Industry, FHFA Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the programs being offered to homeowners.

The company is evaluating potential increases in servicer advance levels and servicing costs based on increased borrower delinquency levels, among other factors that could affect its liquidity and financial condition assessments.

Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers.

The JPMorgan Chase CEO expects the coronavirus crisis to include elements of financial strain similar to the 2008 downturn. Here's how the bank is weathering the crisis.