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The CARES Act does not define what a covered period is when it comes to residential mortgage borrower requests for forbearance.
April 7
McCarter & English LLP -
The coronavirus relief legislation could result in private mortgage insurers having to hold more capital, a B. Riley FBR analyst report said.
April 6 -
Ginnie Mae and the FHA provided temporary liquidity relief for mortgage servicers bracing for higher delinquencies, but the industry continues to pressure Treasury and the Fed to provide more comprehensive support.
April 6 -
Ocwen Financial has approximately $749 million of liquidity from various sources to deal with servicing issues arising from the coronavirus, a company press release said.
April 3 -
Simply stated, the federal forbearance of mortgage payments is perhaps the largest unfunded public mandate in American history.
April 1
Whalen Global Advisors LLC -
The latest deadline for Genworth Financial's acquisition by China Oceanwide is June 30, but the parties are looking to get the transaction completed by the end of next month.
April 1 -
Real estate crowdfunding company Sharestates launched a program Wednesday offering liquidity to private lenders and loan aggregators contending with margin calls as a result of market volatility related to the coronavirus outbreak.
April 1 -
Federal Housing Finance Agency Director Mark Calabria said a virus-induced financial crisis might give rise to more delinquencies and foreclosures than the 2007 subprime mortgage meltdown.
April 1 -
New Residential Investment, a real estate investment trust focused on housing, is selling a portfolio of debt with a face value of $6 billion.
March 31 -
Mortgage servicers need direction from federal agencies on how to implement the forbearance plans called for in the CARES Act, according to the Community Home Lenders Association.
March 31










