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Existing home sales fell hard in April, the numbers coming in about where analysts expected them but breaking a nine-month string of annual gains. The National Association of Realtors® said total sales of single-family homes, townhouses, condos, and cooperative were at a seasonally adjusted annual rate of 4.33 million, down from the 5.27 million sold in March, a 17.8 percent …

Investors are seeing that the single-family built-for-rent market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market. The post Single-Family Rental Market Defies Market Conditions appeared first on DSNews.

Claims experienced a slight decline from the previous week, but here’s why unemployment insurance data remains “difficult to interpret” amid rising delinquency numbers. The post Unemployment Claims Trend Downward appeared first on DSNews.

The credit rating agency placed seven classes on Rating Watch Negative (and six related exchangeable notes) on Fannie Mae and Freddie Mac. The post Fitch Reviews GSE Credit Risk During Forbearance appeared first on DSNews.

Click through to read more on this special offer from Five Star Global for free access to programs created by housing and mortgage experts. The post Five Star Academy Courses Free For the Next Month appeared first on DSNews.

The nationwide delinquency rate hit its highest single-month increase in history in April. What does this mean for the months ahead? The post Mortgage Delinquencies Experience Historic Spike appeared first on DSNews.

With the number of homeowners under forbearance plans nearing 10 percent of all of those having a mortgage, a Lending Tree survey indicates that most of those borrowers did not actually need the help. One quarter of the homeowners surveyed by the company said they had applied for forbearance because of a COVID-19 hardship, and of those, 80 percent were …

Loancare President Dave Worrall spoke with DS News on how he is applying his time at Fannie Mae to the current COVID-19 situation, and how to interact with struggling borrowers. The post Helping Servicers Interact with Borrowers appeared first on DSNews.