| Latest posts |
President Trump Signs CARES Act27. March, 2020|DS News|No commentsAccording to industry experts, the act can help prevent foreclosures during the COVID-19 outbreak. The post President Trump Signs CARES Act appeared first on DSNews. |
Financial Stress Factors Facing Housing27. March, 2020|DS News|No commentsThe former CEO of Freddie Mac points out that the spread of the coronavirus could cause spell issues for the GSEs and mortgage-backed securities. The post Financial Stress Factors Facing Housing appeared first on DSNews. |
CFPB Issues Support for Financial Institutions26. March, 2020|DS News|No commentsThe Bureau is postponing some data collections from industry on Bureau-related rules to allow companies to focus on responding to consumers in need and making changes to its supervisory activities to account for operational challenges at regulated entities. The post CFPB Issues Support for Financial Institutions appeared first on DSNews. |
Policymakers ‘Learned Lessons’ from Great Recession in Stimulus Package26. March, 2020|DS News|No commentsAn industry insider praised the actions by the GSEs, FHFA, and HUD to help prevent foreclosures during the COVID-19 outbreak. The post Policymakers ‘Learned Lessons’ from Great Recession in Stimulus Package appeared first on DSNews. |
Low-End Rentals Driving Inventory Increases26. March, 2020|DS News|No commentsAlready-low rental home inventory, relative to increased demand, drove the rental vacancy rate on one-unit homes down to 5.2%, which was the lowest one-unit rental vacancy rate since 1995. The post Low-End Rentals Driving Inventory Increases appeared first on DSNews. |
Freddie Mac Ceases Issuing LIBOR Securities26. March, 2020|DS News|No commentsThe London Inter-Bank Offered Rate, is nearing its end, and set to expire sometime after 2021, with the Secured Overnight Financing Rate, or SOFR taking its place. The post Freddie Mac Ceases Issuing LIBOR Securities appeared first on DSNews. |
Unemployment Reaches Record Levels26. March, 2020|DS News|No commentsDoug Duncan, Chief Economist at Fannie Mae, notes that the increase indicates an expected increase in household financial stress. The post Unemployment Reaches Record Levels appeared first on DSNews. |
DS5: Industry Leaders Discuss Trends, Challenges26. March, 2020|DS News|No commentsExecutives from Penny Mac, Planet Financial Group, and Rushmore Loan Management Services, are featured on the first installment of DS5: Inside the Industry. The post DS5: Industry Leaders Discuss Trends, Challenges appeared first on DSNews. |
DS5: The Latest Mortgage Industry Insights25. March, 2020|DS News|No commentsFive Star Global is excited to launch DS5, a video newscast where we highlight economic and industry updates and profile executives and leaders. The post DS5: The Latest Mortgage Industry Insights appeared first on DSNews. |
Where Overleveraged Homes are Concentrated25. March, 2020|DS News|No commentsMortgage rates hit an all-time low recently due to the negative effect of the coronavirus pandemic on the U.S. economy, but in many cities across the country, homeowners are finding that they owe more on their home than their home is worth. The post Where Overleveraged Homes are Concentrated appeared first on DSNews. |
FHFA Tracks GSE Foreclosure Prevention25. March, 2020|DS News|No commentsFannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship. The post FHFA Tracks GSE Foreclosure Prevention appeared first on DSNews. |
GSEs Launch Mortgage Deferment Programs25. March, 2020|DS News|No commentsHere’s what else Fannie Mae and Freddie Mac are doing to assist borrowers impacted by COVID-19. The post GSEs Launch Mortgage Deferment Programs appeared first on DSNews. |
Senate Leaders Reach Deal on $2T Stimulus Package25. March, 2020|DS News|No commentsThe proposed deal, which still needs approval by the House, would send direct payments to homeowners nationwide. The post Senate Leaders Reach Deal on $2T Stimulus Package appeared first on DSNews. |
Bouncing Back from Bankruptcy24. March, 2020|DS News|No commentsFor many borrowers, bankruptcy is not the end of the road. Here’s how quickly someone who files from bankruptcy might be able to obtain a home loan. The post Bouncing Back from Bankruptcy appeared first on DSNews. |
CFPB Updates Consumers on Forbearance Options24. March, 2020|DS News|No commentsThe Bureau also reported on how consumers can avoid financial scams and submit complaints. The post CFPB Updates Consumers on Forbearance Options appeared first on DSNews. |
