The government-sponsored enterprises have set new temporary limits on mortgage sales while extending processing flexibilities related to COVID-19.
-
U.K. house prices may fall 16% because of the economic upheaval caused by the coronavirus, according to a desktop stress test by the Bank of England.
May 7 -
Houston home sales plunged more than 20% in April from year-ago figures as sellers took properties off the market and buyers stayed home through the coronavirus-induced shutdown.
May 7 -
Financial institutions have been monitoring workers' productivity at home with tracking software and webcams. Now they're mulling whether to mandate contact-tracing apps, COVID-19 testing and other practices that could raise further privacy issues.
May 6 -
The government-sponsored enterprises have set new temporary limits on mortgage sales while extending processing flexibilities related to COVID-19.
May 6 -
With mortgage rates plummeting, the refinance share of closed loans from millennial borrowers rose for the third straight month, to the highest level since Ellie Mae began tracking the data in 2016.
May 6 -
A once-in-a-century pandemic, widespread lockdowns and economic woe — none of it was enough to keep Bay Area home prices from going up.
May 6 -
After a March that still showed some signs of normalcy, April was less kind to Tampa Bay's real estate market as the coronavirus pandemic continued to plummet consumer confidence and disrupt the economy in new and dramatic ways.
May 6 -
Some benefits are materializing from Fannie Mae's pledge to limit servicers' exposure to principal-and-interest advances the way Freddie Mac does, but counterparties of both GSEs remain exposed to other concerns.
May 6 -
But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.
May 5 -
Guild Mortgage's presence in Washington state, the epicenter of the first U.S. outbreak, gave it an early glimpse of the obstacles ahead.
May 5