The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.
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COVID-19 has led to an unprecedented number of homes for sale being withdrawn, canceled or temporarily taken off the market in Sarasota County, Fla., but the prices on the homes that are being sold have held steady, according to a Sarasota real estate firm.
April 17 -
The nonprofit that distributed a loss mitigation platform built during the last crisis recently closed, but the technology's creator sees interest in its use for COVID-19-related deferrals.
April 17 -
As federal stimulus checks land in bank accounts in coming days, a sobering reality may hit many Bay Area residents — the money will cover less of their housing costs than anywhere else in the country.
April 16 -
The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.
April 16 -
The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.
April 16 -
Many El Paso, Texas, homebuilders are opening model homes only for appointments, or in other ways limiting access to the homes, which for years have been their best selling tool. Home construction continues.
April 16 -
Mortgage rates slipped this week as the coronavirus keeps affecting the overall U.S. economy, according to Freddie Mac.
April 16 -
To keep up with demand during the coronavirus pandemic, the mortgage industry must push other initiatives to the side in favor of ramping up the use of tech tools, according to Planet Home Lending.
April 16 -
New-home construction declined in March from the previous month by the most since 1984 as the pandemic started to take a bigger toll on the housing market and broader economy.
April 16 -
From the crossroads of America down to the bayou, here's a look at 12 housing markets where it's the most financially prudent to buy a home rather than rent, according to First American.
April 16