Daily Dose

Fannie Mae’s Henry Cason spoke to MReport on how technology can be leveraged, if processes are being overlooked, and what the future holds for tech. This feature originally appeared in the March issue of MReport.

A new survey found that the two states hit the hardest—Washington and California—are seeing homes taken off the market.

The final two contenders for Democratic candidacy held their latest debate without an audience amind concerns over COVID-19.

The Fed’s decision to drop interest rates to zero, Wall Street tumbled Monday and some are saying mortgage rates are poised to do the same.

The Hon. Brian D. Montgomery, Assistant Secretary for Housing - Federal Housing Commissioner stated that the previous policy was "not practical given the public health recommendations.” HUD also provided further updates on how the Department is addressing the virus.

Declaration will provide access to $50 billion in federal funding to help combat the disease. The President added that 5 million tests could be available within a month.

Also on The Week Ahead are reports on the latest numbers on the NAHB Home Builders Index, existing home sales, and if the Fed could drop interest rates to zero.

Leaders from America’s top mortgage servicers join forces to offer guidance on recommended policies and procedures during the current coronavirus pandemic.

Read more on the company that integrates software, data, and analytics solutions to automate business processes through homeownership.

The FOMC added it would maintain this level until “it is confident that the economy has weathered recent events,” brought on by COVID-19.