In some of the hardest-hit states, including California and New York, city and county officials are placing restrictions on evictions and foreclosures.
Read More »FHFA Director Discusses Housing Recovery
According to Director Mark Calabriathe despite the slowdown in economic activity, there have been low rates of serious delinquency.
Read More »How the CARES Act Impacts Mortgage Servicers
Tendayi Kapfidze, Chief Economist for Lending Tree, noted that the bill did not address the impact on non-bank lenders.
Read More »Financial Stress Factors Facing Real Estate
The former CEO of Freddie Mac points out that the spread of the coronavirus could cause spell issues for the GSEs and mortgage-backed securities.
Read More »CFPB Issues Support for Financial Institutions
The Bureau is postponing some data collections from industry on Bureau-related rules to allow companies to focus on responding to consumers in need and making changes to its supervisory activities to account for operational challenges at regulated entities.
Read More »Policymakers ‘Learned Lessons’ from Great Recession in Stimulus Package
An industry insider praised the actions by the GSEs, FHFA, and HUD to help prevent foreclosures during the COVID-19 outbreak.
Read More »Unemployment Claims Top 3M
Doug Duncan, Chief Economist at Fannie Mae, notes that the increase indicates an expected rise in household financial stress.
Read More »GSEs Launch Mortgage Deferment Programs
Here's what else Fannie Mae and Freddie Mac are doing to assist borrowers impacted by COVID-19.
Read More »Senate Leaders Reach Deal on $2T Stimulus Package
The proposed deal, which still needs approval by the House, would send direct payments to homeowners nationwide.
Read More »Possible $2.5T Stimulus Bill Brings Optimism
Click through to see how a new proposal by Speaker of the House Nancy Pelosi would impact mortgage payments.
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