Commentary on this report says accommodations by the industry helped “thwart a material breakdown” in delinquency performance. The post Share of Mortgages in ‘Financial Hardship’ Improves in June appeared first on DSNews.
Read More »Loans in Forbearance Hits Two-Month Low
Analysis finds that nearly half of borrowers still in forbearance are now in an extension of their original term. The post Loans in Forbearance Hits Two-Month Low appeared first on DSNews.
Read More »Inability to Pay Mortgage Among Top Consumer Complaints
Insight on the piece says borrowers are “frustrated with the lack of relief” forbearance offers. Click through to read more. The post Inability to Pay Mortgage Among Top Consumer Complaints appeared first on DSNews.
Read More »HUD Suspends Face-to-Face Requirement in Response to COVID-19
In place of the face-to-face requirement, the partial waiver outlines that mortgagees must establish contact via alternate methods, such as phone interviews, email, or video conferencing technology. The post HUD Suspends Face-to-Face Requirement in Response to COVID-19 appeared first on DSNews.
Read More »Home Sale Activity Indicating Economic Shifts
New research indicates how the drop in pending home sales this year, tied to decline in inventory and a small rise in mortgage rates, will impact the greater U.S. economy. The post Home Sale Activity Indicating Economic Shifts appeared first on DSNews.
Read More »