Last Spring’s Stimulus Checks Helped Keep Borrowers Current
As Congress debates a new stimulus package, and Americans anticipate the possibility of a second government stimulus check, a new survey showed that stimulus checks last spring went mostly to [...]
Why Investing in Single-Family Rentals is ‘A Good Bet’
Lenders are looking to cash in on demand for larger living spaces and investors' optimistic attitude toward suburban living, according to a Bloomberg report. In the aftermath of the foreclosure [...]
HUD Reminds States to Use Government Grants to Help Homeowners
The U.S. Department of Housing and Urban Development (HUD) Friday issued a reminder to all grantees--states, cities, communities, and nonprofits-who received Emergency Solutions Grants (ESG) or Community Development Block Grant [...]
The Week Ahead: Will Forbearance-Plan Decline Continue?
Black Knight will release the latest numbers surrounding forbearance Friday, September 11. Black Knight delivers weekly numbers based on data collected through its McDash Forbearance Tracker. “The ongoing COVID-19 pandemic continues to represent significant uncertainty [...]
Mortgages in Forbearance Down From Peak
Call it bust out time for mortgages in active forbearance. After staying the course for the last couple of weeks, they more than found their footing by improving more dramatically than [...]
Latest Housing Market Stats
Home sellers are in good shape this week, with a low supply and buyers chomping at the bit in light of total for-sale inventory contracting for the 13th week in [...]
Intercontinental Exchange Acquires Ellie Mae
Intercontinental Exchange, operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced that it has received regulatory approval and fully completed its [...]
Cities With Most Distressed Homeowners
It has been widely reported that a wave of foreclosures similar to levels seen during the Great Recession is unlikely to occur despite the continuing economic hardship caused by the COVID-19 pandemic. Homeowners are [...]
Servicers Prepare for COVID-19 Aftermath
When COVID-19 hijacked the headlines in March in the United States, economic activity throughout the country was paralyzed. First-time unemployment claims poured in at an unprecedented pace, according to TheFinancialbrand.com. In [...]