Tag Archives: housing market 2020

A new report says that 4.31% of Ginnie Mae loans are in forbearance and that could increase to more than 10%.

New analysis looks at how much it would cost if nearly 12 million people need help paying their mortgages.

Click through to read what share of Americans with loans could stop paying them if the economy remains closed through the summer.

Adding to industry concerns such as servicer liquidity in the face of likely widespread forbearance needs and foreclosure moratoriums, this week's jobless claims include a blow to the housing sector workforce

The Camp Fire and Tubbs Fire destroyed thousands of structures, but a rise in building permits since the fires point to recovery in the communities affected.

Despite programs to assist homeowners impacted by COVID-19, an economist said there will be an “extended period” of rising defaults.

New analysis says lenders are still approving loans to borrowers—especially ones with mounting debt.

An industry insider said “tens of billions” of short-term financing would be needed for this proposal to be viable.

Financial Services Committee Chair Maxine Waters said recent actions are coming from the “old playbook” as homeowners are looking for relief from the coronavirus.

Industry insiders believe many see the U.S. housing market as a “flight to safety” as the virus has decimated the overseas market.