Origination

The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.

Many El Paso, Texas, homebuilders are opening model homes only for appointments, or in other ways limiting access to the homes, which for years have been their best selling tool. Home construction continues.

The move is part of an effort by CFPB Director Kathy Kraninger to help smaller lenders by significantly raising loan thresholds for collecting and reporting mortgage data.

Mortgage rates slipped this week as the coronavirus keeps affecting the overall U.S. economy, according to Freddie Mac.

New-home construction declined in March from the previous month by the most since 1984 as the pandemic started to take a bigger toll on the housing market and broader economy.

From the crossroads of America down to the bayou, here's a look at 12 housing markets where it's the most financially prudent to buy a home rather than rent, according to First American.

The agency is still moving forward on key regulations dealing with payday lending and mortgage underwriting despite new demands posed by the crisis.

In the Philadelphia metropolitan area, new listings are down almost 43% from March 1 to April 5, when the number of new listings typically grows by roughly 52%, according to Zillow.

Homebuilder sentiment plunged in April to the lowest level in more than seven years as the coronavirus pandemic kept potential buyers quarantined and paralyzed construction in much of the country.

We need to be doing everything possible to ensure those that needed down payment assistance are able to keep their homes during this crisis and beyond.