Origination

While home showings in the Twin Cities have plummeted in recent weeks and sales of upper-bracket houses are sputtering, first-time buyers are still in the market.

Purchase originations will recover somewhat in the third and fourth quarters as home sales pick up.

The coronavirus has started to take a toll on the Treasure Valley's still-hot housing market, but you wouldn't know it from the latest home-price data.

Even before the onset of the COVID-19 crisis, the number of single-family homes on the market in Santa Fe County, N.M., was the lowest it's been since officials began keeping such data in 2005.

January saw the lowest mortgage delinquency rate in over 20 years, according to CoreLogic.

North Texas housing starts and new home sales surged in the first quarter, but most of those gains came before the COVID-19 pandemic shut down the area's economy.

By helping borrowers now, banks hope customers can quickly catch up on payments once the coronavirus pandemic ends. If they can’t, interest income will remain low and charge-offs could pile up if the crisis drags on.

Lenders that split their sales of loans and servicing between two different investors may be facing yet another challenge due to the coronavirus outbreak.

Tenants have threatened to suspend payments during the pandemic to pressure officials into providing rental assistance, but the effects on multifamily loans would compound concerns about servicers' liquidity and, ultimately, lenders' performance.

The Rhode Island Association of Realtors reports that single-family home sales in the state actually rose slightly year-after-year in March, despite the onset of the coronavirus crisis.