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Nonbank servicers have been seeking more sources of cash since the coronavirus disrupted markets and elevated forbearance rates. These are some strategies they may be able to use.

Home sales plunged 70% in May in the wake of the COVID-19 pandemic — the largest drop in the country, according to the Remax National Housing report.

Sales of single-family existing homes in Maine fell by a staggering 21.3% in May from a year earlier, nearly matching the most recent comparable one-year decline of 21.4% following the Great Recession, in June 2011.

Mortgage industry hiring and new job appointments for the week ending June 26.

In the most sweeping capital distribution order since the financial crisis, the Federal Reserve says it will prohibit big banks from buying back their stock in the third quarter and limit dividend payments to second-quarter levels.

Home sales in May fell sharply in Flagler and Volusia counties in Florida as the coronavirus pandemic continued to put a damper on the local real estate market.

But the coronavirus put a hold on the market in April and remains an overhanging cloud for the future.

The government-sponsored enterprises had been considering tightening counterparty requirements for nonbanks, but in light of COVID-19's spread, they've reconsidered that.

The Mortgage Bankers Association points to better lender diversity and a stronger housing finance network as reasons for its support.

With just 13 decisions remaining on the docket this session, the high court's highly anticipated ruling in a case challenging the agency's leadership structure could come as early as next Monday.