Forbearances Hold Steady Ahead of Federal Deadline
The percentage of mortgages currently in forbearance remained almost entirely flat at 3.25%, according to the latest report from the ...
Tag: Coronavirus
HUD Submits Letter Pleading Government Officials to Act on Eviction Concerns
The U.S. Secretary of the Department of Housing and Urban Development Marcia L. Fudge, U.S. Secretary of the Treasury Janet ...
How to Navigate the Emergency Rental Assistance Process
While there is no singular process, here are a few things to consider to help secure rental assistance.
”Tug-of-War’ Between Rising COVID Rates and Economic Recovery Leads to Flat Mortgage Rates
Freddie Mac's latest Primary Mortgage Market Survey® (PMMS®) reports that the 30-year-fixed mortgage rates (FRM) averaged 2.87% in August. Mortgage ...
Q2 Economic Growth Exceeded Expectations
According to the latest reports, between April and June, the U.S. gross domestic product (GDP) grew at an annualized and ...
Have Mortgage Forbearance Exits Hit a Wall?
The total number of loans now in forbearance decreased by 1 basis point to 3.25% as of Aug. 15, 2021, ...
Rent Growth Outpaces Pre-Pandemic Expectations
Recent surges in rent prices have made it appear as though the pandemic never happened, according to recent market reports ...
Mortgage Forbearance Rates: Largest Drop in a Month
Mortgage forbearances decreased by 14 basis points from 3.40% of servicers' portfolio volume in the prior week to 3.26% as ...
Mortgage Servicers’ Pandemic Response Varies Widely
The Consumer Financial Protection Bureau (CFPB) published a report detailing 16 large mortgage servicers' COVID-19 pandemic response, including call handling ...
As End of Moratorium Approached, Foreclosures Dipped
ATTOM released its July 2021 U.S. Foreclosure Market Report, finding a total of 12,483 U.S. properties with foreclosure filings—default notices, ...
‘Greenwashing’ Is Deceptive Labeling of a Property to Make It Look More Environmentally Friendly
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