Ginnie Mae Approves Facility to Aid in Servicer Liquidity
A statement from the company states the structure of the facility has been “strongly supported” by investors. The post Ginnie Mae Approves Facility to Aid in Servicer Liquidity appeared first [...]
The Price of Keeping People in Their Homes
New analysis looks at how much it would cost if nearly 12 million people need help paying their mortgages. The post The Price of Keeping People in Their Homes appeared [...]
HUD Announces Fair Housing Month Theme
This year's theme serves as a public awareness campaign that urges the persons who experience sexual harassment where they live to "call HUD." The post HUD Announces Fair Housing Month [...]
Corday On CFPB’s COVID-19 Response
In a new white paper, former CFPB Richard Cordray outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused [...]
DS5: FHFA Director Discusses Forbearance
In this episode of DS5: Inside the Industry, FHFA Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the programs being offered [...]
Coronavirus Could Halt Mortgage Payments
Click through to read what share of Americans with loans could stop paying them if the economy remains closed through the summer. The post Coronavirus Could Halt Mortgage Payments appeared [...]
Ocwen Financial Addresses COVID-19 Concerns
The company is evaluating potential increases in servicer advance levels and servicing costs based on increased borrower delinquency levels, among other factors that could affect its liquidity and financial condition [...]
Federal Reserve Announces Additional Relief Measures
Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers. The post [...]
The COVID-19 Impact on At-Risk Homeowners
Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected. The post The COVID-19 Impact [...]