Data from prior reports found early one in four loans on the island faltered. Click through to read more.
Read More »4.8M Jobs Added in June
One economist said the market is “clearly” moving in the right direction, which will cause consumer confidence to grow when deciding to purchase a home.
Read More »Servicers’ Concerns Over Forbearance Plans
A new survey details how COVID-19 has impacted the industry and what executives are saying about the pandemic’s effects.
Read More »Federal Agencies Propose Clarifications to Flood Insurance Rules
Five federal agencies aim to organize and clarify flood insurance requirements for lenders, servicers, and policyholders.
Read More »Forbearances Rise After Three Weeks of Declines
A report found an additional 79,000 loans went into forbearance plans, with servicers needing to pay more than $3 billion in GSE-backed loans.
Read More »Foreclosures’ Far-Reaching Implications
A study by Standford University reveals how foreclosures affect homeowners, renters, and landlords.
Read More »Calm Before the Storm: Q1 Delinquency Less than 4%
The Office of the Comptroller of the current also reported that the total amount of outstanding principal has been falling since 2018. Click through to read more.
Read More »Fed Chair: Purchase of MBS ‘Vital’ For Market Function
Jerome Powell gave his semiannual address to Congress on Tuesday and discussed the Fed’s plan for purchasing mortgage-backed securities.
Read More »Homeowners in Texas Hit Hardest by Natural Disasters
Despite the Lone Star State claiming the top spot, California had the most FEMA-declared disasters over the last five years. How much did it cost borrowers?
Read More »Maxine Waters: OCC Rushed Out ‘Harmful Rule’ For CRA
The Chairwoman of the House Financial Services Committee said the former Comptroller of the Currency’s ruling will result in disinvestment in many communities across America.
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