Tag Archives: COVID-19

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.

This Thursday, join DS News for a discussion with The Hon. Brian D. Montgomery, Assistant Secretary for Housing–Federal Housing Commissioner, with topics ranging from COVID-19 to the CWCOT program.

This Friday, join DS News for a discussion with The Hon. Brian D. Montgomery, Commissioner of the FHA and Assistant Secretary of the HUD on CWCOT, COVID-19, and more.

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.

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.

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.

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.