As insured unemployment hits record levels, Redfin has announced that it will cut 7% of its staff due to decreased housing demand amid the COVID-19 crisis. The post Unemployment Hits [...]

A new report says that 4.31% of Ginnie Mae loans are in forbearance and that could increase to more than 10%. The post Mortgage Industry Braces for Spike in Delinquencies [...]

In a letter to the OCC and the FDIC, Congresswoman Maxine Waters suggests suspending efforts to revise the Community Reinvestment Act and any "unrelated rulemakings." The post House Financial Services [...]

According to a new report, the nationwide increase was the smallest in the last three years. The post Property Taxes Increased to Over $306.4B appeared first on DSNews. Source: DS [...]

In this episode of DS5: Inside the Industry, hear from Robert Caruso, Chief Executive Officer of ServiceMac, and Allen Price, SVP and Head of Sales for BSI Financial. The post [...]

A new report outlined what regulators and homeowners insurance providers need to know in the aftermath of California’s devastating wildfires. The post Analyzing California’s Response to Wildfire Insurance appeared first [...]

Federal financial institution regulatory agencies are encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications. The post Federal Agencies Issue Statement [...]

The Committee staff are also recommending a blanket ban on stock buybacks and a pause on any negative credit reporting. The post Financial Services Committee Preparing Foreclosure Halt appeared first [...]

Gov. Ron DeSantis said this move is in response to economic fallout from the coronavirus pandemic. The post Florida Suspends Foreclosures, Evictions for 45 Days appeared first on DSNews. Source: [...]