Additionally, the Federal Reserve Board has announced a temporary change to its supplementary leverage ratio rule.
Read More »Mortgage Industry to Convene for Pandemic Discussions
On May 6, the Mortgage Industry Pandemic Summit will feature leading experts discussing the major operational challenges facing our industry during the COVID-19 outbreak.
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 »Homeowners At Risk of Missed Payments
Many of the most at-risk households are more likely to be cost-burdened than those relying on income from other industries even before losing work due to COVID-19.
Read More »Mortgage Servicers Preparing for Liquidity Shortages
Jay Bray, CEO of Mr. Cooper, stated with homeonwers missing mortgage payments, servicers may be looking at an upcoming housing crisis.
Read More »CARES Act to Provide Relief for Homeowners
One economist said servicers face a “big risk” if borrowers are not sending in money for payments. Click through for details on the bill.
Read More »COVID-19 Leads to Record Unemployment
In the week ending on March 21, there were 3,283,000 claims for insured unemployment the largest increase in history.
Read More »Stream the Latest Mortgage Industry News With DS5
From the COVID-19 outbreak’s impact on homeowners to the ongoing mortgage industry response, this exclusive new webcast brings you insights from a variety of leaders and subject-matter experts.
Read More »GSEs Announce Payment Deferral Requirements
Fannie Mae and Freddie Mac have updates servicers on their new deferral requirements. Learn what other comments the GSE has made to help borrowers impacted by COVID-19.
Read More »Homeowners Worried About Loans
With many Americans' jobs in flux, a large number of homeowners are worried they won't make their home payments.
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