The new mortgagee letter reverses the Administration's current policy that says loans in forbearance are not eligible for insurance.
Read More »‘Tides Have Changed’ For Fannie Mae, Freddie Mac
Commentary on the GSE’s response to the COVID-19 pandemic says it gave Congress options to assist homeowners, with one insider saying, “the private market can’t save us.”
Read More »Measuring Mortgage Hardships and Delinquencies
According to a new study, the percentage of accounts in a hardship status has increased significantly across all loan categories and risk tiers, including mortgages.
Read More »Do Forbearance Applicants Need Forbearance?
While 80% of applicants receive forbearance. how many of these homeowners actually need relief from their mortgage?
Read More »FHFA Issues Guidance on Refinances, Purchases While in Forbearance
The agency announced several provisions for homeowners—one of which is being current on the mortgage—if they want to re-enter the market. Click through for more details.
Read More »The Link Between Unemployment and Forbearance
With unemployment at record levels, many need to put off mortgage payments through forbearance. However, can unemployment numbers predict the number of homeowners taking advantage of these programs?
Read More »Recession Versus Depression: Housing Impact
As COVID-19 has brought the economy to a halt, economists examine how long efforts such as forbearances can hold off a housing crisis.
Read More »Servicing Experts Talk Forbearance Practices
With the total number of borrowers in forbearance expected to hit between and 9 million, here's how servicers can themselves and their customers ready for the wave.
Read More »Pace of Loans Entering Forbearance Slows
The latest numbers have been enhanced to include loans that were in forbearance but not previously reported as “COVID-19-related.”
Read More »The Impact of Forbearance on the RMBS Market
A new report by Fitch Ratings, "What Investors Want to Know: Coronavirus-related Forbearance Plans in U.S.," dives into how forbearance, or a "payment holiday," may affect mortgage-backed securities.
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