Servicers' obligations to advance or temporarily absorb unpaid funds could range from $3 billion to $13 billion per month, according to Black Knight.
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The Cincinnati company will hire about 950 workers to meet heightened demand for loan deferrals and other forms of relief clients are seeking to weather the economic fallout of the coronavirus outbreak.
April 7 -
North Texas home sellers are retreating in the face of the coronavirus pandemic.
April 7 -
A statewide stay-at-home order by Gov. Kay Ivey means evictions and foreclosures are on hold for at least a month.
April 6 -
Servicers' obligations to advance or temporarily absorb unpaid funds could range from $3 billion to $13 billion per month, according to Black Knight.
April 6 -
Prices on average are expected to grow at nearly half the rate they were expected to rise before the pandemic hit, according to Veros Real Estate Solutions.
April 6 -
The government lock-down on real estate sales loosened last week — agents and other professionals were deemed essential workers — but strict Bay Area guidelines banned open houses and close contact.
April 6 -
The coronavirus relief legislation could result in private mortgage insurers having to hold more capital, a B. Riley FBR analyst report said.
April 6 -
Ginnie Mae and the FHA provided temporary liquidity relief for mortgage servicers bracing for higher delinquencies, but the industry continues to pressure Treasury and the Fed to provide more comprehensive support.
April 6 -
While the spread of the new coronavirus has wrought havoc all over the world, one area that hasn't been directly effected too much is Albuquerque's booming residential housing market.
April 5 -
An unprecedented number of metro Denver home sellers pulled their listing off the market last month, while thousands went the other way, rushing to list their homes before a major economic downturn made a sale tougher to achieve.
April 5