B. Riley FBR raised its ratings for both Fannie Mae and Freddie Mac to sell from neutral on the possibility the net worth sweep is declared illegal.
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The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.
July 13 -
After months of pandemic-related delays, the joint venture between Guaranteed Rate and @properties started originating mortgages.
July 13 -
The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
July 13 -
B. Riley FBR raised its ratings for both Fannie Mae and Freddie Mac to sell from neutral on the possibility the net worth sweep is declared illegal.
July 13 -
Bay Area home sales plummeted in May, falling by more than one-third in most counties and by nearly half in San Francisco as COVID-19 fears chilled buyers and sellers.
July 13 -
The Charlotte, N.C., housing market is slowly beginning to recover from the economic downturn of the COVID-19 pandemic, new data from the local real estate association show.
July 12 -
A more than $5 billion offering going up for bid is one of the first large transactions seen since the coronavirus complicated trading.
July 10 -
Congress should act in the next relief bill to provide the additional resources needed to build more affordable housing.
July 10National Community Renaissance -
A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report. But the author acknowledged that those gains could prove illusory for some consumers given the coronavirus crisis.
July 10 -
San Diego home prices will decrease 1.3% in the next 12 months, much less than other parts of the nation.
July 10