The Housing Policy Council has released a statement describing the challenges of funding the CARES Act’s mortgage forbearance program and urging federal agencies to quickly announce liquidity support for nonbank mortgage servicers.
Read More »Former Freddie Mac CEO Proposes Non-Bank Servicer Assistance
With a large surge in forbearances underway, Don Layton discusses the question of servicer finances during the COVID-19 pandemic.
Read More »DS5: Zoning Shifts and Adapting to Change
The newest episode of DS5: Inside the Industry features exclusive interviews with Suzy Lindblom, COO for Planet Home Lending and a continuation of our discussion with ServiceMac CEO Robert Caruso.
Read More »A Snapshot of Mortgage Forbearance Trends
Click through to see the increase in the number of mortgages being deferred over the past week.
Read More »The Impact on At-Risk Homeowners
Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected.
Read More »New White Paper: Mortgage Servicers Bracing for Forbearance Impact
A new white paper discusses how new programs and changes introduced in the CARES Act will affect the servicing process.
Read More »Housing: Braced for Recession?
Housing has been a casualty of the current economic crisis and not a cause, but a bubble may still be on the way.
Read More »DS5: The Latest Mortgage Industry Insights
Five Star Global is excited to launch DS5, a video newscast where we highlight economic and industry updates and profile executives and leaders.
Read More »The Week Ahead: Federal Reserve Updates on Economic Activity
Also in The Week Ahead, get the latest updates on consumer sentiment, new home sales, and updates on how the COVID-19 outbreak is impacting housing.
Read More »NMSA Proposes COVID-19 Response to Ensure Liquidity, Stability
To address concerns and to introduce ways to mitigate the unintended consequences of announced foreclosure moratoriums, the National Mortgage Servicing Association announced a proposal to ensure that the up to $100 billion in liquidity necessary to provide payment relief for up to 12 million Ginnie Mae homeowners is secured.
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