Daily Dose

Richard Cordrary says the Bureau should be doing more to help consumers during this pandemic. Click through to read more.

Here's how Fannie Mae and Freddie Mac assisted servicers and borrowers in the first quarter despite lost revenue.

The coronavirus pandemic is putting many industries out of work, and according to a new study, renters in these states are at-risk in the near term of missing payments.

The new report details several areas of customer frustration related to the NFIP that warrant a systemic solution.

New analysis shows that banks are growing wary of borrowers entering forbearance, and could tighten lending standards.

“No one should have to endure sexual harassment and degrading treatment, especially to keep a roof over their heads," the HUD Secretary stated in response to the DOJ's initiative.

Recent data indicates that mortgages could fall into delinquency if the relationship between unemployment and delinquency follows a similar pattern as the Great Recession. 

Also in this Industry Pulse, get the latest commentary on the mortgage industry response to COVID-19 and tech updates for servicers.

In the newest episode of DS5: Inside the Industry, hear from William Case, President and Chief Executive Officer of American Mortgage Service Company and Ed DeMarco, President of the Housing Policy Council as they discuss recent actions by the federal government to help both homeowners and mortgage servicers.

Millions of borrowers are receiving quick financial relief from federal mortgage loan forbearance programs, but aligning federal agencies, servicers, and borrowers to resolve those loans and missed payments later may insight confusion and overwhelm servicers.