Tag Archives: coronavirus

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.

Brian Moynihan appeared on CNBC’s Squawk on The Street Friday to discuss the number of homeowners his bank has helped defer payments.

The latest report represents the largest increase in the Department of Labor’s adjusted series, and led one economist to say the virus could lead to a “surge” in missed payments.

Those impacted by COVID-19 can have mortgage payments deferred or reduced for up to six months. Click through more details.

The record $2.2 trillion stimulus package provides billions for housing programs. Click through to see what programs are being funded.

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.

One economist said servicers face a “big risk” if borrowers are not sending in money for payments. Click through for details on the bill.

Both Fannie Mae and Freddie Mac have more than $5 trillion single-family guarantees. How will the spread of COVID-19 affect the enterprises?

Housing and mortgage leaders discussed the $2 trillion stimulus package that is set for a vote Friday by the House of the Representatives.

In the week ending on March 21, there were  3,283,000 claims for insured unemployment the largest increase in history.