The U.S. economy lost 20.5 million jobs in April and the unemployment skyrocketed to 14.7%, according to the U.S. Bureau of Labor Statistics (BLS).  The unemployment rate rose from the [...]

Also in this Industry Pulse, get the latest on new tech and partnerships in mortgage servicing. The post The Industry Pulse: Mortgage Leaders Donate for COVID-19 Assistance appeared first on [...]

With several pillars of support set to expire, including forbearance programs, here's why the U.S. could hit another economic slump. The post Preparing for Another Economic Downturn appeared first on [...]

Analysis by the Milken Institute says the private-label residential mortgage-backed security sector must come together on a uniform set of guidelines for borrowers impacted by COVID-19. The post White Paper: [...]

The proposed legislation also includes a ban on foreclosure and debt collection as well as direct payments. The post House Committee Proposes Debt Collection Prevention appeared first on DSNews. Source: [...]

Here's why Doug Duncan, Chief Economist at Fannie Mae, called the latest unemployment data "difficult to interpret." The post 3.1M More Americans File for Unemployment appeared first on DSNews. Source: [...]

With the potential for home values to fall, there is a significant chance that equity levels could drop over the coming months while underwater levels rise. The post 3.6M Homes [...]

Bonial and Associates has announced a partnership with MJ Connections, headed by Majenica Springer. The post Bonial and Associates Announces Partnership appeared first on DSNews. Source: DS News

As the battle against the COVID-19 pandemic continues, hospitals and medical staff are facing a shortage of critical supplies and are facing some of the most challenging days they have [...]