As part of a new COVID-19 relief package, the House Committee staff are also recommending a blanket ban on stock buybacks and a pause on any negative credit reporting.
Read More »Florida Suspends Foreclosures, Evictions for 45 Days
Gov. Ron DeSantis said this move is in response to economic fallout from the coronavirus pandemic.
Read More »The Most At-Risk Housing Markets
According to a new report, counties in these states are most vulnerable to the economic impact of the coronavirus, with a high volume of underwater homes and high wages required to pay for major homeownership expenses.
Read More »CFPB Issues Relief Resources for Homeowners
With foreclosures now in flux due to COVID-19, the Consumer Financial Protection Bureau is reminding borrowers of the relief options available for them to avoid default.
Read More »Local Governments Responding to Increased Default Risk
In some of the hardest-hit states, including California and New York, city and county officials are placing restrictions on evictions and foreclosures.
Read More »FHFA Tracks GSE Foreclosure Prevention
Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship.
Read More »Foreclosure Starts Near All-Time Low
According to new data, despite the slight uptick, the South still leads in overall deliqnuency levels.
Read More »Industry Reacts to New York 90-Day Mortgage Relief Plan
Servicing leaders discuss Governor Cuomo's response to New York's coronavirus crisis.
Read More »Eviction Actions Halted Amid Coronavirus Emergency
Miami, New York, Portland and San Jose are among the cities barring evictions and suspending foreclosures from moving forward as more people are isolated to contain the spread of the novel coronavirus.
Read More »Home Prices Reducing Foreclosure Risk
A new study notes that inlight of recent events, homeowners may refinance into lower-monthly payments, further reducing delinquency risk.
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