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Potential purchasers are looking to take advantage of low rates, despite worries about job security.

When a bank subscriber to Sure Profile pulls a credit report on an applicant for a loan or account, Experian will check to see if the identity data matches a real person.

Starwood Capital Group is adapting its RMBS strategy for COVID-19, most notably through additional protections for senior noteholders to mitigate the substantial number of deferred mortgage accounts included in its newly sponsored deal.

The second-quarter jump in provisions may be three to four times higher than a year earlier and will be mostly for loans that have yet to go bad, analysts said.

The original so-called payment holiday started in March and was set to end next month.

Loans with coronavirus-related forbearance have to be reported as current to the credit bureaus but there’s a ripple effect from them that has implications for credit reports and underwriting.

Central Ohio home sales fell sharply in April and dropped to their lowest level in a decade nationally, as the coronavirus pandemic took full hold of the real estate market.

Signed purchase agreements dropped 20%, but the sales that closed in April showed buyers still paying top dollar.

As the growth rate in forbearance requests downshifts, a vast stockpile of loans await modifications.

Mortgage industry hiring and new job appointments for the week ending May 22.