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FHFA tries to cut liquidity-strained mortgage servicers some slack

National Mortgage
Mortgage Finance
6 years ago

Servicers of loans in forbearance that are backed by Fannie Mae must advance missed payments only for four months, under,.. Read More;

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Housing prices climbed in March, but may weaken as coronavirus spreads

National Mortgage
Mortgage Finance
6 years ago

The impact of the coronavirus on U.S. home prices was not seen in March's data, even as real estate markets,.. Read More;

post

Fannie-Freddie not buying problem loans has U.S. seeking fix

National Mortgage
Mortgage Finance
6 years ago

Fannie Mae and Freddie Mac's regulator is confronting a fresh crisis for the U.S. housing market: The companies won't buy,.. Read More;

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Virus shouldn't crash Las Vegas home prices, economist says

National Mortgage
Mortgage Finance
6 years ago

While much is unknown about how badly the coronavirus pandemic has damaged Southern Nevada's economy, one economist doesn't foresee a,.. Read More;

post

All but 24 local councils are carrying out searches

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Less than 8% of searches have been affected by Covid-19 epidemic restrictions and CoPSO welcomes the effort made by councils,.. Read More;

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Equity release average rates drop to record low as product options exceed 300

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Just 7% of products fell into this bracket in January 2019, an increase of six times in just one year. The,.. Read More;

post

The Nottingham freezes interest rates for savers

Mortgage Finance Gazette
Mortgage Finance
6 years ago

This is despite the Bank of England reducing the base rate twice last month down to 0.1%. Chief executive Officer,,.. Read More;

post

Maui home sales stable, but coronavirus impact looms

National Mortgage
Mortgage Finance
6 years ago

Maui's housing market showed stability in March ahead of an expected downturn caused by the coronavirus pandemic.A recent report from,.. Read More;

post

Mortgage servicers remain hopeful U.S. will deliver coronavirus relief

National Mortgage
Mortgage Finance
6 years ago

Despite recent comments by a federal official who questioned the need to aid the mortgage sector, servicers are holding out,.. Read More;

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Banks see coronavirus-related forbearance requests triple in 2 weeks

National Mortgage
Mortgage Finance
6 years ago

Surging unemployment from COVID-19 shutdowns brought a rapidly rising tide of forbearance requests, according to the Mortgage Bankers Association.Between April,.. Read More;

post

March home sales increased annually despite coronavirus

National Mortgage
Mortgage Finance
6 years ago

Annual home sales rose in March for the fourth consecutive month, though the coronavirus inhibited what's typically the biggest monthly,.. Read More;

post

Loan officer commissions soared in March, but future not as bright

National Mortgage
Mortgage Finance
6 years ago

The average commission earned per loan officer in March was over $8,000 higher than compared with January's average — even,.. Read More;

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