Coronavirus

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.

The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?

A statewide stay at home order imposed in late March didn't stop Dayton Realtors from hitting their highest monthly sales figures so far in 2020.

The bipartisan coalition of AGs said homeowners should be allowed to wait until the end of a loan term to make payments they skipped because of the coronavirus.

Sales volumes fell by over 50% in some states since the shelter-in-place mandate started, according to HouseCanary.

The conditions the pandemic created could be the driver of e-mortgage adoption that has been long in coming.

The policy move will allow small institutions participating in the Paycheck Protection Program to pledge business loans as collateral to obtain advances.

Financial institutions could testify before the bipartisan commission overseeing the unprecedented economic aid for industries hit by the COVID-19 pandemic. But without subpoena authority, the panel’s impact may be limited.

As part of our effort to probe the impacts of and responses to the coronavirus pandemic, Arizent has been conducting surveys of leaders in financial and professional services. We ask you to take part by completing our newest 10-minute survey, and look for results in upcoming editorial coverage.

Treating COVID-19 forbearances as a natural disaster will likely mean the MIs will not need to hold as much capital.

Wisconsin started out 2020 with an increase in home sales and median prices of houses over the same time in 2019, but the coronavirus pandemic is expected to have a major influence on the market now.