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The agency said property owners can enter into new or modified forbearance plans if they have a hardship due to the coronavirus, but the landlords must agree not to kick out renters solely for nonpayment of rent.1h ago
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For years, there has been an expectation that markets and governments would figure out how to provide enough incentives for homeowners to make energy efficiency upgrades and environmental improvements. It hasn't happened yet.August 5
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Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.August 5
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The mortgage servicing rights package going up for bid adds to signs that the market for large offerings is becoming more active.August 3
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The number of loans going into coronavirus-related forbearance fell for the seventh straight week, but the Mortgage Bankers Association predicts the rate will increase if the number of coronavirus cases continues to rise.August 3
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The mortgage giants will have to meet benchmarks for covering cash flow needs during stressed periods. The FHFA views the requirements as a prerequisite to the companies exiting conservatorship.July 31
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The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.July 30
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The key word is "temporary" with the FHA's quality control waiver expiring and not likely to be renewed.July 28
President and Chief Operating OfficerACES Risk Management Corp.
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After receiving a third-party stamp of approval, Fannie Mae announced July 27 completing the latest two issuances of a single-family green mortgage backed security as part of an ongoing program that started in April and expands its long-time multi-family green MBS program.July 28
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The number of loans going into coronavirus-related forbearance dropped for the sixth consecutive week, as the growth rate fell 6 basis points between July 13 and July 19, according to the Mortgage Bankers Association.July 27
