An industry insider praised the actions by the GSEs, FHFA, and HUD to help prevent foreclosures during the COVID-19 outbreak. The post Policymakers ‘Learned Lessons’ from Great Recession in Stimulus [...]

Already-low rental home inventory, relative to increased demand, drove the rental vacancy rate on one-unit homes down to 5.2%, which was the lowest one-unit rental vacancy rate since 1995. The [...]

The London Inter-Bank Offered Rate, is nearing its end, and set to expire sometime after 2021, with the Secured Overnight Financing Rate, or SOFR taking its place. The post Freddie [...]

Doug Duncan, Chief Economist at Fannie Mae, notes that the increase indicates an expected rise in household financial stress. The post Unemployment Claims Top 3M appeared first on DSNews. Source: [...]

Executives from Penny Mac, Planet Financial Group, and Rushmore Loan Management Services, are featured on the first installment of DS5: Inside the Industry. The post DS5: Industry Leaders Discuss Trends, [...]

Five Star Global is excited to launch DS5, a video newscast where we highlight economic and industry updates and profile executives and leaders. The post DS5: The Latest Mortgage Industry [...]

Mortgage rates hit an all-time low recently due to the negative effect of the coronavirus pandemic on the U.S. economy, but in many cities across the country, homeowners are finding [...]

Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship. The post FHFA Tracks GSE Foreclosure Prevention appeared first on DSNews. Source: DS News

The proposed deal, which still needs approval by the House, would send direct payments to homeowners nationwide. The post Senate Leaders Reach Deal on $2T Stimulus Package appeared first on [...]