Fannie and Freddie will buy loans in forbearance — with a catch
Reading Time: 3 minutesThe Federal Housing Finance Agency (FHFA) has announced that it will allow Fannie Mae and Freddie Ma… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Existing-home sales fall 8.5% in March; worst still ahead?
Reading Time: 2 minutesFollowing strong existing-home sales gains posted in February, numbers were due for a retreat in Mar… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHFA announces four-month payment advance limit for servicers of GSE-backed loans
Reading Time: 2 minutesWith calls to address mortgage servicer liquidity growing louder by the minute, the Federal Housing … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Independent mortgage banks had rebound year in 2019
Reading Time: 2 minutesIt may seem like a lifetime ago now, but before coronavirus wreaked havoc on the economy, independen… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Clients Will Remember These Months
Reading Time: 3 minutesLessons learned from the Great Recession will guide the mortgage industry through the current crisis
More than 2.9 million homeowners in coronavirus-related forbearance
Reading Time: 2 minutesBlack Knight recently began tracking forbearance numbers on a daily basis, and its latest reported f… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, April 13-April 17
Reading Time: 4 minutes Delehanty The Community Home Lenders Association has announced its new president: Michael Del… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Multifamily sees sharp decline as housing starts fall again
Reading Time: 3 minutesMore details about COVID-19’s unprecedented impact on the housing market were revealed on Thursday a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fannie: Home sales to drop 15% due to coronavirus, refis gain steam
Reading Time: 3 minutesNew commentary from the Fannie Mae Economic and Strategic Research (ESR) Group is projecting a near-… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New federal rule defers appraisal requirement for up to 120 days
Reading Time: 2 minutesFederal regulators this week adopted an interim final rule deferring the requirement for banks to ge… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
