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Total forbearance driven by the coronavirus rose by 25 basis points, which suggests it is still growing but at a slowing pace, according to the Mortgage Bankers Association.
May 18 -
Ginnie Mae is offering temporary relief related to its acceptable delinquency-rate threshold in response to issuers' need to fulfill the forbearance requirements in the coronavirus rescue package.
May 18 -
The global hospitality industry is facing the worst downturn in its history, and New York, the epicenter of the coronavirus outbreak in the U.S., is poised for a painful recovery.
May 15 -
Now is the time for mortgage servicers to prioritize customer care for the homeowners they serve.
May 15Sagent Lending Technologies -
But in the worst-case scenario, the number of forbearances could grow by 3 percentage points through the end of June.
May 15 -
Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.
May 15 -
Mortgage industry hiring and new job appointments for the week ending May 15.
May 15 -
Homeowners hurt by coronavirus were told they could delay their mortgage payments without facing consequences. Now, some are learning they’re at risk of being shut out of the housing market.
May 14 -
Eligible borrowers can add the forborne payments to the end of their loan term.
May 13 -
From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.
May 13