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Aggregate numbers for coronavirus-related payment suspensions are showing more consistency as organizations clarify how they handle them, and some consumers' incentives to use them may be declining.4h ago
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Mortgage industry hiring and new job appointments for the week ending May 29.May 29
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In addition to the potential wave of mortgage defaults resulting from coronavirus-driven forbearances, hurricane season could put nearly 7.4 million homes worth $1.8 trillion at risk.May 28
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But the number of foreclosures and zombie properties may spike after the moratorium ends on June 30.May 28
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Kalahari Resorts defaulted on a $347 million mortgage originated by JPMorgan ChaseMay 27
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University Bancorp decided to shutter its wholesale mortgage lending business after it struggled to hire and train employees remotely.May 27
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Forecasts about the pandemic's impact on the mortgage market have grown less dire after forbearance requests by homeowners nearly leveled off in the first half of May.May 26
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Coronavirus-related mortgages in forbearance grew 20 basis points between May 11 and May 17, according to the Mortgage Bankers Association.May 26
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The templates are meant to make it easier to obtain agency approval for small-dollar loan products and to accommodate mortgage servicers that want to provide online loss mitigation options.May 22
