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Why lenders are wary of FHA's terms for buying loans with forbearance
10:09pm, Wednesday, 10'th Jun 2020
The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said
What happens to struggling homeowners when CARES Act relief ends?
07:16pm, Tuesday, 09'th Jun 2020
Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.
Sherrod Brown chides Housing Secretary Ben Carson at Senate hearing
06:52pm, Tuesday, 09'th Jun 2020
At a Senate Banking Committee hearing on Tuesday, Ohio Democratic Sen. Sherrod Brown told HUD Secretary Ben Carson that instead of addressing deep inequities in the housing system, Carson's departmen
Trump administration prevents DACA recipients from getting federally-backed mortgages, Democratic lawmakers say
06:52pm, Tuesday, 09'th Jun 2020
A group of Democratic lawmakers has called for an investigation into policy changes that have allegedly resulted in DACA recipients being denied FHA loans.
Share of mortgages in forbearance rises to 8.5% - HousingWire
02:06am, Tuesday, 09'th Jun 2020
Almost 4.3 million mortgages were in forbearance during May’s final week, representing 8.53% of outstanding home loans, according to an MBA report.
GSE capital plan would make buying a home more expensive, critics say
01:00am, Tuesday, 09'th Jun 2020
The FHFA’s proposal is intended to strengthen Fannie Mae and Freddie Mac, but many experts warn that it could boost guarantee fees for lenders that they say may be passed on to borrowers.
Only 1 in 10 borrowers in forbearance is equity poor - HousingWire
12:08am, Tuesday, 09'th Jun 2020
About 1 in 10 borrowers who are in forbearance have less than 10% equity in their property or are underwater, indicating defaults will remain limited.
Ready Capital: Trading At A Deeper Discount Than Is Warranted (NYSE:RC)
12:06am, Tuesday, 09'th Jun 2020
This diversified mortgage REIT originates, acquires and services commercial loans, conducts residential mortgage banking and serves as a lender for the SBA’s Pa
Why the pandemic isn’t scaring away first-time homebuyers
02:05pm, Monday, 08'th Jun 2020
One segment of the market, at least, has proved more resilient than many feared early on in the crisis.
How to ask your bank or lender for help
12:37pm, Saturday, 06'th Jun 2020
Banks and lenders are offering help to customers affected by the coronavirus pandemic, but you must know how to ask. Liz Weston explains three important questions to start with.
Federal National Mortgage Association : CRS Reviews COVID-19-Related Forbearances And Other Relief Options | MarketScreener
06:18am, Saturday, 06'th Jun 2020Mortgage forbearances fall for the first time - HousingWire
12:56am, Saturday, 06'th Jun 2020
The number of loans in forbearance declined this week for the first time since the start of the COVID-19 pandemic, Black Knight said in a report on Friday.
Read Wilmington Mayor's Full Statement On America's Racial Divide
12:39am, Saturday, 06'th Jun 2020
"My mission as Mayor is to provide some insight into our racial divide and offer to build a bridge that helps bring people together."
FHA enacts temporary policy shift on forbearances - HousingWire
07:17pm, Friday, 05'th Jun 2020
FHA introduced a temporary policy to guide lenders on FHA insurance endorsements on mortgages affected by COVID-19 forbearance.
Emails show Ben Carson lied when he claimed that HUD hadn't changed policy on DACA recipients
04:14pm, Friday, 05'th Jun 2020
In April 2019, Housing and Urban Development Sec. Ben Carson went in front of legislators to try to debunk reports that the Trump administration had been denying government-insured home loans to D
