Charlie Scharf, CEO of Wells Fargo, said he was “extremely disappointed” in the quarter. Click through for more information.
Read More »Consumers’ Sentiments Toward Mortgages
The CFPB reported on how borrowers feel about COVID-19-related forbearance plans. Click through to read more.
Read More »More Americans Miss House Payments
According to a new reports, 4.3 million homeowners are now past due on their mortgages or in active foreclosure.
Read More »Supreme Court LGBTQ Decision Gains Housing Industry Praise
“This is a historic moment for the LGBTQ+ community,” said AMDC Chair Lola Oyewole. “Extending protections aimed at prohibiting discrimination is a positive step towards the change we all need and deserve.”
Read More »Policy Impications of Mortgage Credit Tightening
A new paper from Don Layton examines how mortgages get made in 21st-century America, who sets the credit standards, why those standards are not fully immune to economic conditions.
Read More »Using Technology to Assist Homeowners
A new Aspen Grove Solutions white paper discusses how servicers and lenders can leverage all the tools at their in this crisis.
Read More »Unemployment’s Forbearance Link
According to a new study, the relationship between forbearance and unemployment is complicated. Can unemployment numbers predict mortgages in forbearance?
Read More »Assisting Mortgage Borrowers in a Crisis
Leaders from Carrington Mortgage, BSI Financial Services, BDF Law Group, and Bayview Loan Servicing discussed issues, challenges, and solutions within the industry at the Legal League 100’s Virtual Servicer Summit.
Read More »Biden Calls for Federal Mortgage, Rent Bailout
Addressing the needs of homeowners impacted by COVID-19 and struggling financially, the Presidential candidate called for mortgage and rent payment “forgiveness.”
Read More »More American Households Losing Income
Here's how many more Americans expect to miss mortgage and other debt payments in the coming months.
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