FHA Proposes Revisions to Single-Family Servicing Policies
The Administrations said its proposals are designed to strengthen the servicers’ ability to “keep families experiencing financial challenges in their homes.” The post FHA Proposes Revisions to Single-Family Servicing Policies [...]
New Law Extends Protections for Reverse Mortgages
Borrowers in the D.C. area who have fallen into delinquency have received good news in the form of amendments to the Reverse Mortgage Insurance and Tax Payment Program Temporary Amendment [...]
OCC Debuts Program to Expand Financial Inclusion
Project REACh is designed to increase access to credit and capital for underserved communities. Click through to read more. The post OCC Debuts Program to Expand Financial Inclusion appeared first [...]
Share of Mortgages in Forbearance Drops
The decline is attributed to a recovering economy and an improved labor market. The post Share of Mortgages in Forbearance Drops appeared first on DSNews. Source: DS News
CFPB Details the Debt Struggle
The Bureau stated that it has been “prioritizing activities” aimed at protecting the stability of the financial sector. The post CFPB Details the Debt Struggle appeared first on DSNews. Source: [...]
Despite Pandemic and Recession, Housing is Surging
A new report said that while the U.S. economy is facing numerous tailwinds, home prices are rising and the number of mortgages in forbearance recorded its largest drop since the [...]
Most Vulnerable Housing Markets Clustered on the East Coast
A new study reveals the counties that are at most risk for foreclosure due to the impact of COVID-19. The post Most Vulnerable Housing Markets Clustered on the East Coast [...]
The Week Ahead: Financial Service’s Hearing on CARES Act
Next week, the House Committee on Financial Services will discuss how mortgage servicers have implemented the CARES Act. Also coming are reports by the U.S. Census Bureau and the NAHB. [...]
DS5: COVID-19’s Impact on Migration Patterns
Ed Pinto, Director, Senior Fellow, the AEI Housing Center, discussed how the pandemic is impacting how and where homeowners move. The post DS5: COVID-19’s Impact on Migration Patterns appeared first [...]