Historically high levels of foreclosures witnessed during the Great Recession aren’t likely, but "the number of defaults will increase once the foreclosure moratoria have lifted," experts predict. Here are the areas most likely to be impacted.
Read More »The Week Ahead: Government Hearings on COVID-19 Response
Next week, both the House and the Senate will be turning their attention to industry and government response to the ongoing COVID-19 pandemic. Here's what else is happening in The Week Ahead.
Read More »How COVID-19 Is Driving Migration Trends
Americans are relocating for pandemic-related reasons. A new report reveals where movers are headed and what cities they are leaving.
Read More »Where Delinquency Rates Are Headed
A new report examines the metros where homeowners are struggling most, and lays out predictions of where delinquency levels are headed in 2021.
Read More »California to Mortgage Servicers: Remember Duty to Struggling Homeowners
California Attorney General Xavier Becerra said he will not hesitate to enact investigative and enforcement actions against servicing professionals who fail to meet legal obligations during COVID crisis.
Read More »DS5: Lessons Learned From Working Remote
Mark Revard, Oklahoma Market President for Gateway Mortgage, discusses what the future holds for the mortgage market and how the industry has adapted to the challenges of COVID-19.
Read More »Household Debt Decrease Reflects Pandemic-Related Spending Decline
Total household debt decreased for the first time since 2014 in Q2, including the steepest decline in credit card balances seen in the history of the data. In its Quarterly Report on Household Debt and Credit, The Federal Reserve Bank of ...
Read More »How COVID-19 Is Reshaping the Market
A new survey reveals the factors—including the continuing fallout from the pandemic—that are changing the ways Americans think about homeownership.
Read More »Lessons From the Last Great Recession
What takeaways did the previous economic downturn provide that can be applied to current attempts to assist struggling homeowners?
Read More »FHFA Updates Timeline for Purchase of Qualified Loans in Forbearance
The Agency provided new guidance for its Borrower Protection Program, announcing an extension for the purchase of qualified loans in forbearance
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