Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading
Vishal Garg and Adena Hefets discussed how the pandemic is impacting financing for homebuyers during a panel titled “Advances in Ways to Buy a Home.” Continue reading
Adam Contos discussed managerial strategies in uncertain times, wearing his values on a t-shirt and volatility, uncertainty, complexity and ambiguity. Continue reading
During these unprecedented times, it’s important for agents to do everything they can to protect themselves and their buyers from hiccups during the process. Here are a few things you can do. Continue reading
According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Continue reading
Real estate businesses collectively won about 3.14 percent of the total funding lawmakers set aside to save small firms during the pandemic. Continue reading
Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Continue reading
In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading
The Mortgage Banker Association’s Sara Singhas explained how mortgage forbearance and repayment works and what homeowners should do if they need more time. Continue reading
In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Continue reading