HUD Proposes Enhancements to CWCOT Procedures
HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.
CDC Issues Interim Guidance for Businesses, Employers on Coronavirus
Amid growing public concerns about the spreading coronavirus epidemic, the Centers for Disease Control and Prevention this week issued an Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19).
ATTOM: ‘Zombie’ Foreclosures Up to 3.1% Nationwide
ATTOM Data Solutions, Irvine, Calif., said 1.52 million U.S. single-family homes and condos in the United States were vacant in the first quarter, representing 1.5 percent of all homes.
4Q GDP Holds Steady at 2.1%
The Bureau of Economic Analysis yesterday reported its second (revised) estimate of real gross domestic product increased at an annual rate of 2.1 percent in the fourth quarter, unchanged from its first (advance) estimate last month.
