Biden on Rent, Mortgage Payments: ‘Not Paid Later, Forgiveness’
The Presidential candidate called for expansive housing relief that would include a bailout for struggling homeowners and renters. The post Biden on Rent, Mortgage Payments: ‘Not Paid Later, Forgiveness’ appeared [...]
Balancing the Mortgage Servicing Process
John Vella, Chief Revenue Officer of Altisource, spoke with DS News on some of the financial challenges facing lenders, servicers, and their vendor partners as COVID-19 hits businesses. The post [...]
FHFA Announces New Payment Deferral Options
Click through to find out when borrowers in forbearance can repay mortgages due to COVID-19. The post FHFA Announces New Payment Deferral Options appeared first on DSNews. Source: DS News
OCC Discusses Meeting Servicer Needs
In the Comptroller of the Currency's testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, he outlined how the OCC was providing banks greater flexibility to meet [...]
DS5: Conservatorship’s Next Steps
In this episode of DS5: Inside the Industry, Thomas Wade, Director of Financial Services Policy for the American Action Forum discusses the next steps for Fannie Mae and Freddie Mac. [...]
Prepping for a Delinquency Spike
The latest data on delinquencies are low, but experts predict a change in course soon. The post Prepping for a Delinquency Spike appeared first on DSNews. Source: DS News
Brian Montgomery Confirmed as Deputy HUD Secretary
"During this unprecedented pandemic, he has been by my side every step of the way as we have implemented policies to protect Americans across the country," said Secretary Ben Carson. [...]
HUD, FHFA, CFPB Join Forces to Assist Homeowners
FHA Commissioner Brian Montgomery adding the agencies began working together at “immediate onset” of the pandemic. The post HUD, FHFA, CFPB Join Forces to Assist Homeowners appeared first on DSNews. [...]
More Americans Expect to Miss Mortgage Payments
According to new data from the New York Fed, more homeowners predict their household income will continue to drop. The post More Americans Expect to Miss Mortgage Payments appeared first [...]