Coronavirus

Mass layoffs and furloughs due to COVID-19 disproportionately affected Asian, black and Latino workers, and, in turn, will impact their housing security the most, according to Zillow.

Dallas-area home prices were up just 2.5% in the latest national comparison, but the small year-over-year increase came in February before the COVID-19 pandemic significantly impacted the market.

The Greater Capital Association of Realtors released market numbers, showing pending sales in March were down 21% from March of last year, and closed sales dropped by 10% compared to March 2019 as the impact of COVID-19 spreads through the local real estate market.

Is JPMorgan Chase an outlier or the canary in the coal mine when it comes to home equity lending during the coronavirus spread?

The number of loans in forbearance increased by a full percentage point over the past week, according to the Mortgage Bankers Association.

Pre-pandemic, home-buying power was high, but few are likely to buy a home today given a host of uncertainties regarding coronavirus, First American said.

As lenders scale up on their remote capabilities in response to the pandemic, the software companies that service them see exponential growth.

The FHFA's director said the announcement is meant to “combat ongoing misinformation” about efforts to let homeowners skip mortgage payments due to the coronavirus pandemic.

The Missouri real estate market was expected to have a promising year, but it's since been hobbled by the COVID-19 pandemic, and the disruption may stretch into the fall according to the Missouri Realtors Association.

The Bakersfield, Calif., home market was on track to finally retake the peak it achieved during the housing bubble.

The bureau said it began developing the standards before the coronavirus pandemic. But more transfers may occur as some servicers struggle to meet their obligations during the economic downturn.

More details have emerged about the damage the coronavirus pandemic is inflicting on the hospitality industry. One servicer alone has received 2,000 workout requests in the past month.

FHFA Director Mark Calabria stated that he was directing the GSEs to "add liquidity" to the markets, but the actions of the FHFA say precisely the opposite.

Correspondent loan sellers are hoping the new GSE purchases will help to open a market frozen by coronavirus-related risk — but the prices offered so far aren't too promising.

The Treasury secretary said recent government moves will help the firms get through the risk of millions of borrowers missing their loan payments.

The coronavirus outbreak has shuttered business and kept people hunkered down in their homes. Perhaps unsurprisingly, it's also resulted in a market that experts describe as essentially frozen in place.

The Federal Housing Administration has provided struggling homeowners with payment flexibility and explored other measures. At the same time, the agency is mindful of protecting itself against downside risks.

Due to COVID-19's economic impact, the number of mortgaged properties in default or foreclosure rose in March for the first time since the turn of the century, according to Black Knight.

In the days before COVID-19 entered American consciousness, home prices in San Diego climbed near record territory.

Low mortgage rates increased new orders, but fallout from the pandemic hurt investment income.