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The head of the U.S. central bank said its emergency credit programs were not designed to prop businesses up over the long term.
May 13 -
While overall mortgage application volume remained flat, purchase activity continued to rebound — and that should be the case through the remainder of the spring, according to the Mortgage Bankers Association.
May 13 -
A negative Federal Reserve policy rate is still improbable, but if it were to happen it could be a net benefit, according to a note from JPMorgan Chase.
May 13 -
Some real estate agents say there are signs the local housing market has started to rebound since late March, when efforts to reduce the spread of the virus led to stay-at-home orders in Austin and elsewhere.
May 13 -
The joint site describes potential strategies for both homeowners and renters economically affected by COVID-19.
May 12 -
By the end of the first quarter, the number of borrowers 30 days late on their mortgage increased by 59 basis points.
May 12 -
U.S. home prices continued climbing in the first quarter, before the impact of the pandemic's economic shutdown took hold.
May 12 -
After over two years of falling delinquency rates, the burgeoning unemployment following the coronavirus economic shutdown will bring a surge of outstanding mortgages.
May 12 -
Rick Thornberry is looking to the lessons from the Great Recession and applying them to current conditions.
May 12 -
Home prices fell slightly across Albuquerque, N.M., in April due to the COVID-19 pandemic, but the Greater Albuquerque Association of Realtors is optimistic the slowdown will be short-lived.
May 12 -
North Texas home sales slid in April as buyers sheltered in place from the pandemic.
May 12 -
Specialized Loan Servicing will pay more than $1 million to settle Consumer Financial Protection Bureau allegations that it foreclosed on protected consumers and failed to send required evaluation notices in 2014.
May 12 -
The number of mortgages in coronavirus-related forbearance rose by 37 basis points as the unemployment rate soared, according to the Mortgage Bankers Association.
May 11 -
The title insurer did not disclose the number of layoffs.
May 11 -
In a study of four metro areas, housing supply and demand gained momentum in the second half of April, even where the COVID-19 curve continued to grow.
May 11 -
An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.
May 11 -
It's unclear how the impact of coronavirus on the economy will change the Boise housing market, but it seems unlikely to bring more than a brief halt to the trends of rising prices and intensifying shortages of houses for people of ordinary means.
May 11 -
Complaints to the bureau hit an all-time high in April. More than one in five said servicers wouldn't grant deferrals, forced borrowers into forbearance or violated other requirements of the coronavirus relief law.
May 10 -
The number of home sales in the greater New Orleans area dropped sharply in April as the coronavirus pandemic locked down the economy, but prices mostly held steady as many sellers withdrew their properties and took a "wait-and-see" position amid the unprecedented market conditions.
May 10 -
Maui real estate activity slowed in April as the effects of dramatically reduced new listings and resulted in a big drop-off in pending sales.
May 10





![“A growing concern for many [homeowners] is the notion that they would have to make a balloon payment at the end of the mortgage forbearance,” said CFPB Director Kathy Kraninger.](https://arizent.brightspotcdn.com/dims4/default/21bc754/2147483647/strip/true/crop/5000x2813+0+260/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F1e%2F1a%2Fa2ee24e14f76810e720c3b08aee8%2Fkraninger-kathy-bl-031020.jpg)

















