Jumbo mortgages

As the coronavirus created uncertainty for the housing market, underwriting standards tightened further in June.

Compared with the week prior, approximately 57,000 fewer loans from all investor types were forborne.

Now the shutdown has stretched into mid-June, effectively canceling the long-anticipated Memorial Day listings bonanza.

Looming economic uncertainties forced mortgage lenders to tighten underwriting standards in May.

Many originators stopped making riskier products, including jumbo loans and low credit score offerings, during April.

As the coronavirus takes a major toll on housing inventory and credit availability, pent-up buyer demand could lead to market recovery, according to Redfin.

The wealthiest, most-reliable mortgage borrowers in the U.S. are hearing an unfamiliar word from lenders: No.

The Federal Reserve's $2.3 trillion loan stimulus includes plans for outstanding commercial mortgage-backed securities and newly issued collateralized loan obligations.

Flagstar Bancorp, one of the nation's biggest lenders to mortgage providers, has stopped funding most new home loans without government backing.

Mortgage credit availability dropped slightly in February, making three consecutive months of tightening, but that streak will likely end with falling interest rates, the Mortgage Bankers Association said.