Coronavirus

The nonprofit that distributed a loss mitigation platform built during the last crisis recently closed, but the technology's creator sees interest in its use for COVID-19-related deferrals.

As federal stimulus checks land in bank accounts in coming days, a sobering reality may hit many Bay Area residents — the money will cover less of their housing costs than anywhere else in the country.

The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.

The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.

Many El Paso, Texas, homebuilders are opening model homes only for appointments, or in other ways limiting access to the homes, which for years have been their best selling tool. Home construction continues.

Mortgage rates slipped this week as the coronavirus keeps affecting the overall U.S. economy, according to Freddie Mac.

To keep up with demand during the coronavirus pandemic, the mortgage industry must push other initiatives to the side in favor of ramping up the use of tech tools, according to Planet Home Lending.

New-home construction declined in March from the previous month by the most since 1984 as the pandemic started to take a bigger toll on the housing market and broader economy.

From the crossroads of America down to the bayou, here's a look at 12 housing markets where it's the most financially prudent to buy a home rather than rent, according to First American.

The letter written by Rep. Maxine Waters, D-Calif., and Sen. Sherrod Brown, D-Ohio, was seen as a boost to Wall Street lobbying efforts seeking to quell the fallout of the coronavirus crisis on the mortgage market.

The agency is still moving forward on key regulations dealing with payday lending and mortgage underwriting despite new demands posed by the crisis.

In the Philadelphia metropolitan area, new listings are down almost 43% from March 1 to April 5, when the number of new listings typically grows by roughly 52%, according to Zillow.

Homebuilder sentiment plunged in April to the lowest level in more than seven years as the coronavirus pandemic kept potential buyers quarantined and paralyzed construction in much of the country.

We need to be doing everything possible to ensure those that needed down payment assistance are able to keep their homes during this crisis and beyond.

Declines in mortgage servicing rights valuations at JPMorgan Chase and Wells Fargo point to the resurgence of a dilemma that came up during the last downturn.

The Borrower Protection Program enables the two agencies to exchange information about loss mitigation efforts and consumer complaints regarding specific servicers.

Home sales and prices in San Antonio kept rising in March, but a slowdown caused by the coronavirus pandemic may lie ahead.

While home showings in the Twin Cities have plummeted in recent weeks and sales of upper-bracket houses are sputtering, first-time buyers are still in the market.

The nascent market for private U.S. mortgages is teetering on the brink of collapse as the coronavirus crisis imperils years of work to lessen the government's role in home lending.

The volume of COVID-19 forbearance requests has risen rapidly as operational processing has improved and hold times have contracted, according to the Mortgage Bankers Association.