Unemployment Could Lead to Mortgage Forbearance Surge
A new white paper estimates that a projected unemployment rate of 15% could result in 3.5 million new mortgage delinquencies. The post Unemployment Could Lead to Mortgage Forbearance Surge appeared [...]
Housing Reform: Step by Step
As the government and industry work to build and maintain a more stable housing market, what factors must be at the forefront? The post Housing Reform: Step by Step appeared [...]
Ginnie Mae Expands Servicer Liquidity Facility
The company’s Principal EVP said it is an “extraordinary and last-resort option” for issuers during the spread of COVID-19. The post Ginnie Mae Expands Servicer Liquidity Facility appeared first on [...]
‘The Fed Cut Interest Rates, and That’s a Concern’
DS News spoke to Williams Emmons of the Federal Reserve Bank of St. Louis about recession threats and economic policy. This feature originally appeared in the April issue of DS [...]
St. Louis Fed Economist on Recession Threat, Housing
Williams Emmons of the Federal Reserve Bank of St. Louis discusses policy and the state of the economy. This feature originally appeared in the April issue of DS News. The [...]
OCC Intends to Move Forward with CRA Changes
The Comptroller of the Currency said further delays would “prevent these valuable resources” from reaching distressed areas. The post OCC Intends to Move Forward with CRA Changes appeared first on [...]
Does Government Aid to Housing Come with Strings Attached?
One industry expert argues assistance should come with “penalties and forced business model changes.” Here’s a look at what might transpire. The post Does Government Aid to Housing Come with [...]
The Week Ahead: Economic Update from the Fed
In The Week Ahead, get updates housing activity and economic conditions across the country. The post The Week Ahead: Economic Update from the Fed appeared first on DSNews. Source: DS [...]
Maintaining REO Business During a Pandemic
The Federation of REO Certified Experts, Five Star Global’s agent/broker organization, recently held virtual regional Townhall Meetings to discuss the impact of COVID-19 on residential real estate listings. The post [...]