32M missed mortgage, rent or student loan payments in September
The number of renters and homeowners able to make payments during the third quarter of 2020 improved slightly from the second quarter, but remained relatively high overall, according to the Mortgage Bankers Association's Research Institute for Housing America
by Lillian Dickerson Oct 16
September rent is due. How will renters and landlords deal?
The start of the month means that over 100 million Americans living in rentals will have to pay rent without the supplemental aid they previously received as part of the pandemic stimulus package
Increased demand for single-family rentals could lead to 10 years of undersupply
About 6% of new single-family homes are built for the purpose of being rented out, which would yield roughly 700K new single-family units being constructed over the next 10 years, a number well short of current demand, according to RCLCO Real Estate Advisors
by Lillian Dickerson Aug 17
Share of mortgages in forbearance continues decline, falling to 7.4%
This week marks the eighth week in a row in which total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans
by Lillian Dickerson Aug 11
Real estate firms nab $8B in small business stimulus loans
The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program
by Jim Dalrymple II Apr 14
10 things agents must do to financially survive the coronavirus pandemic
Financial experts Tom Wheelwright, Joy Liu and Erin Lowry share what real estate agents must do to keep their households and businesses afloat
by Marian McPherson Apr 2
Petition for real estate agent financial relief gains 3,300 signatures in 1 day
The Change.org petition asks federal and state lawmakers to provide financial aid to real estate agents who aren't protected by the current stimulus bill
by Marian McPherson Mar 24