Surging unemployment from COVID-19 shutdowns brought a rapidly rising tide of forbearance requests, according to the Mortgage Bankers Association.
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Future loss mitigation may be most effective if housing-finance industry stakeholders communicate clearly with consumers about these five aspects of the Coronavirus Aid, Relief and Economic Security Act.
April 21 -
While much is unknown about how badly the coronavirus pandemic has damaged Southern Nevada's economy, one economist doesn't foresee a major housing market crisis here.
April 21 -
Maui's housing market showed stability in March ahead of an expected downturn caused by the coronavirus pandemic.
April 20 -
Surging unemployment from COVID-19 shutdowns brought a rapidly rising tide of forbearance requests, according to the Mortgage Bankers Association.
April 20 -
Federal backing for firms facing a deluge of missed mortgage payments is still on the table despite recent comments by an official who questioned the need to help the industry.
April 20 -
As the nation struggles with the coronavirus, now is not the time to make major revisions to the Community Reinvestment Act.
April 20NeighborWorks America -
The coronavirus outbreak, along with the shift to a lower paying refinance business, will likely limit commission earnings for the rest of 2020.
April 20 -
In March, home sales rose year-over-year for the fourth consecutive month, but the coronavirus inhibited what's typically the biggest monthly boost of the year, according to Remax.
April 20 -
Bay Area home prices rose substantially in March despite a drop in sales compared with last March, but those numbers reflect deals entered into before most counties imposed shelter-in-place orders.
April 19 -
The COVID-19 pandemic has caused a mild fluctuation in the Savannah, Ga., area real estate market, but many people are still inking closing contracts. At the same time. local industry leaders and agents are turning to technology to help them find their forever homes.
April 19