A memo reveals that Financial Services Committee staff are recommending a blanket ban on stock buybacks, a halt to all evictions and foreclosures, and a pause on any negative credit reporting.
Read More »Home Prices Growing Faster
The price tag for houses in the lowest tier once again posted the largest increases. Click through to see how much.
Read More »Mortgage Industry Could Face ‘Complete Chaos’
A coalition of leaders sent a request to federal regulators noting requests for forbearances have been coming in at an “alarming rate” and a desperate need for liquidity.
Read More »White Paper: ‘Unprecedented Times’ for Housing
New research finds the impact of COVID-19 could cost the industry $150 billion in real estate closings in Q2 2020. Click through to read more.
Read More »Bank of America CEO Discusses Mortgage Forbearance Programs
Brian Moynihan appeared on CNBC’s Squawk on The Street Friday to discuss the number of homeowners his bank has helped defer payments.
Read More »Streamlining Paperless eClosings
The new technology automates the intricacies of preparing documents for an electronic closing.
Read More »Older Millennials Driving Refinance Surge
Homeowners between the ages of 30-and-40-years old made up 41% of the market. What share did younger borrowers account for?
Read More »Eyeing the Potential Housing Bubble
While the housing market is not immune to the coronavirus impact, the market may be in a better position than many believe.
Read More »Existing-Home Sales Rise 7.2% in February
While the report is positive, a new study paints a grim picture moving forward due to impacts of COVID-19.
Read More »FHFA Approves Loan Processing Flexibility by GSEs
Both Fannie Mae and Freddie Mac announced new measures aimed to help borrowers and lenders impacted by the spread of COVID-19.
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