Coronavirus

The number of loans going into coronavirus-related forbearance dropped for the third consecutive week, as the growth rate fell 8 basis points between June 22 and June 28, according to the Mortgage Bankers Association.

The latest figures from a Realtors trade organization for Southern Nevada show that home prices are holding strong amid the coronavirus pandemic.

Santa Fe County, N.M., real estate was on a wild ride in the second quarter, and not just because single-family home sales dropped 36% for April, May and June with the COVID-19 pandemic redefining life this spring.

While the multifamily loan forbearance rate is lower than the most pessimistic projections, Pat Jackson says borrowers are hardly out of the woods yet.

With thousands of job cuts likely to follow what's forecast to be the worst recession in three centuries, the tenants of the glass and steel towers that dominate the City of London and Canary Wharf may face an even bigger retreat.

By providing flexibility for property tax payments localities can help keep local businesses going and maintain their tax base for the future.

The number of Southern California homes put into escrow rose for the 10th consecutive week, as the market recovers from the coronavirus economic shock.

U.K. house prices posted their first annual decline since 2012 in June as the coronavirus continued to hang over the property market, according to Nationwide Building Society.

Napa County home sales sank like a rock this May, dropping 54% compared to one year ago, the California Association of Realtors reported.

The coronavirus pandemic and economic shutdown have created in the Syracuse, N.Y., area the hottest housing market in recent history, agents say.

Manhattan home sales plunged the most on record in the second quarter, while New York was shut down to prevent the spread of COVID-19.

Mortgage rates reached their lowest level this week since Freddie Mac began its Primary Mortgage Market Survey in 1971, but they might not have yet gotten to their floor.

Mortgage insurers had been operating under the belief that rules pertaining to natural disaster delinquencies apply with COVID-19, but now it's in writing.

The collateral in the $338 million also includes a large subset of mortgages (45% of the pool) that are considered "dirty current" loans with recent delinquent status.

The nonprofit, formed with the encouragement of government agencies to address borrower hardships in 2007, uses a model that has been challenged by the current crisis.

The U.S. economy can escape another decadelong slog back to health if strong public measures or a vaccine curb virus surges, Federal Reserve Bank of San Francisco President Mary Daly said.

San Diego home prices continued to increase into COVID-19's second month and grew at a quicker pace than other California cities.

Lenders and servicers' biggest pandemic challenges revolve around clarity for loan eligibility and understanding options for their borrowers once the forbearance period ends.

Chris Dodd and Barney Frank said the legislation — nearing its 10th anniversary — put banks in position to be a stabilizing force during the coronavirus crisis.

Despite a statewide stay-at-home order, massive job losses and an uncertain economic outlook, home prices in the Seattle area zoomed up faster in April than any large metro in the country save Phoenix.