News

Despite the impact of COVID-19, one economist said the housing market “may be better positioned than many believe.”

This is an increase from Black Knights April 16 data, when more than 2.9 million homeowners, or 5.5% of all mortgages, have entered into COVID-19 mortgage forbearance plans.

Also in The Week Ahead is a webinar featuring the former Director of the CFPB and the more installments of DS5: Inside the Industry.

Lawrence Yun, SVP and Chief Economist for the National Association of Realtors, discusses the impact of the coronavirus on the spring buying season, and the Chief Lego Officer for First Guaranty Mortgage Corp. delves into how to stay up-to-date on all the new regulations in DS5: Inside the Industry.

Click through to read more on new information that found sellers are “taking a calm approach” in the current environment.

Bloombergreports that Treasury Secretary Steven Mnuchin said that there are currently no plans to create a Federal Reserve facility to inject funding into nonbank mortgage servicers. He added ...

Click through to see how far the U.S. Census Bureau reports that drop from February was.

The FHFA also noted that all nine of the census regions posted increases. Click through for more details.

The Vice President addressed the status of the federal government’s response to COVID-19 during a conference call, where Housing Commissioner Brian D. Montgomery delved into how the FHA is helping homeowners.

Click through to hear the conversation between Brian D. Montgomery and Ed Delgado, Five Star Global’s President and CEO, on the state of housing amidst the spread of the coronavirus.