A new study found that the revised rule does “offer some improvement,” it was ultimately called “unsatisfactory.”
Read More »Minority, Low-Income Borrowers Bearing Economic Brunt of Pandemic
A study found this segment of homeowners will see a decline in income and could struggle to pay for housing.
Read More »Fed and Treasury Officials Discuss Pandemic Response
Federal Reserve Chairman Jerome Powell said the government will “provide relief to support the recovery for as long as needed.”
Read More »House Votes to Reverse Community Reinvestment Act Rule
A rule aimed at modernizing the Community Reinvestment Act received sharp criticism for weakening the act.
Read More »The Top Pandemic-Related Challenges for Lenders and Servicers
The pandemic has caused several business, compliance, and logistical challenges for lenders and servicers.
Read More »How Record-Low Mortgage Rates Could Fall Further
Having already taken drastic actions to push mortgage rates low, it is unlikely the Federal Reserve will push rates lower this year.
Read More »Home Prices Resilient Amid Pandemic
A new poll found more than half of those surveyed believe housing activity will return following COVID-19.
Read More »Does the Housing Market Need More Government Support?
Housing experts look for answers as our housing market falters under pressure.
Read More »The Forbearance Chaos is Yet To Come
While millions of borrowers were quickly approved for forbearance on their mortgage loans, what follows could be confusion and chaos, according to some.
Read More »Both Homeowners and Mortgage Servicers Face COVID-19 Challenges
Payment deferral programs designed to provide relief to homeowners during the current COVID-19 crisis must also balance the needs of maintaining mortgage market stability.
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