Chairwoman Maxine Waters, along with three fellow members, sent a letter to the nation’s largest banks seeking communication sent to borrowers on programs related to the CARES Act.
Read More »Northeast Hit By Declining Housing Inventory
New York City and surrounding metros—those impacted the most by COVID-19—are those impacted the hardest.
Read More »APRs Offered to Borrowers Dropping Across the Nation
Click through to see which cities led the way for average rates for refinances and purchases.
Read More »Forecast Calls For Significant Drop in Spring Home Sales
New analysis projects transactions could decline as much as 60% but could recover quickly in 2021.
Read More »Housing Inventory Taking a Hit
A new report found inventory within the most affordable prices, while seeing a monthly rise, is well behind the pace set in 2019.
Read More »Wells Fargo Temporarily Halts Accepting New HELOCs
What other bank made the decision to stop new applications for lines of credit? Click through to find out.
Read More »DS5: Prospective Buyers Turning Reluctant
Tim Rood, Head of Industry Relations, The Collingwood Group, a SITUS AMC Company, discusses how the coronavirus derailed a year “with so much momentum.”
Read More »The Week Ahead: Insight on Housing Inventory
Also in The Week Ahead are reports on mortgage rates, unemployment trends, and exclusive interviews with Tim Rood, Head of Industry Relations, the Collingwood Group, a SITUS AMC Company, and Don Layton, Freddie Mac CEO (2019-2019), and Aaron Samples, CEO, First Guaranty Mortgage Corporation.
Read More »Former CFPB Director Talks Bureau’s Actions During Pandemic
What does Richard Cordray say are some of the issues facing mortgage servicers during COVID-19?
Read More »Ginnie Mae Releases Data on Liquidity Program
Click through to see how many servicers took advantage of the Pass-Through Assistance Program, and the amount of funds that were forwarded, over the past month.
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