A coalition of real estate and banking trade groups is calling on Congress to help banks with liquidity as they allow homeowners to forbear their mortgage payments
by Patrick Kearns | Apr 6
In this uncertain market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans during the Covid-19 crisis
by Lillian Dickerson | Apr 6
And this week, mortgage lender Brian Faye joins in the conversation
by Byron Lazine | Apr 3
The federal mortgage servicers recently joined Fannie Mae and Freddie Mac in offering alternatives to traditional appraisals and employment verifications
by Lillian Dickerson | Mar 31
The company is aiming to hire 1,000 additional workers this year and wants to pull from the industry hit hardest by coronavirus-fuled layoffs
by Patrick Kearns | Mar 30
The 880-page bill signed into law by Trump on Friday includes credit protections, foreclosure moratoriums and forbearance on some mortgages
by Patrick Kearns | Mar 28
The federal loan servicers announced an adjustment of long-held appraisal and employment verification standards in order to help facilitate mortgages amidst the COVID-19 outbreak
by Lillian Dickerson | Mar 25
Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period
by Jim Dalrymple II | Mar 25
The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic
by Lillian Dickerson | Mar 23
The number of first-time homebuyers exceeded 2 million for the third consecutive year in 2019, according to Genworth Mortgage Insurance
by Marian McPherson | Mar 18
The administration didn't make clear how borrowers might catch up on payments later on
by Lillian Dickerson | Mar 18
Gov. Gavin Newsom's order is meant to be a lifeline to people whose wages are shrinking as the coronavirus tanks the economy and forces people into isolation
by Jim Dalrymple II | Mar 17
Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability won't be the only thing impacting the housing market
by Patrick Kearns | Mar 16
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman | Mar 13
Despite the slight rise in rates, homebuyer demand remains strong, according to Redfin Chief Economist Darryl Fairweather
by Patrick Kearns | Mar 12
What would the overall impact of suspending mortgage payments be on the US economy? A Keller Williams economist weighs in
by Patrick Kearns | Mar 10