Washington Post, Apr. 21, 2020–Jeff Stein, Robert CostaSenior White House and Trump administration officials are planning to launch a sweeping effort in the coming days to repeal or suspend federal …
Category: Top National News
Lenders and Appraisers Forge New Bond Amid Coronavirus Crisis
HousingWire, Apr. 21, 2020–Phil HallThe COVID-19 pandemic has placed stress levels on the housing market that have not been witnessed since the Great Recession. But one area of strength that …
White House, Congress Reach Deal to Replenish Small Business Loan Program
The Hill, Apr. 21, 2020–Morgan Chalfant, Brett Samuels, Alexander BoltonTreasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows struck an agreement on the core components of the …
New MBA Survey: Nearly 6% of Home Loans are in Forbearance (VIDEO)
CNBC Squack Alley, Apr. 21, 2020Robert Broeksmit, president and CEO of the Mortgage Bankers Association, joins “Squawk Alley” to break down new data from the organization.https://www.cnbc.com/video/2020/04/21/new-mba-survey-nearly-6percent-of-home-loans-are-in-forbearance.html
Wealthy Mortgage Borrowers Face Cold Shoulder From Lenders
Bloomberg, Apr. 21, 2020–Prashant Gopal, John Gittelsohn, Shahein NasiripourThe wealthiest, most-reliable mortgage borrowers in the U.S. are hearing an unfamiliar word from lenders: No.https://www.bloomberg.com/news/articles/2020-04-21/well-heeled-mortgage-borrowers-face-cold-shoulder-from-lenders?srnd=premium
As Mortgage Bailout Balloons Amid Coronavirus Outbreak, Servicers Finally Get Some Relief
CNBC, Apr. 21, 2020–Diana OlickThe mortgage industry has been fighting hard for relief, led by the Mortgage Bankers Association. While they still want a larger liquidity facility from the Federal …
As CMBS Relief Inquiries Jump, How Much Forbearance Is Enough?
Commercial Property Executive, April 21, 2020–Scott Baltic, Paul FiorillaInquiries from CMBS borrowers about coronavirus-related relief have topped $100 billion, raising doubts about the current 90-day forbearance period.https://www.cpexecutive.com/post/as-cmbs-relief-inquiries-jump-how-much-forbearance-is-enough/
How Commercial Real Estate Brokers And Office Users Will Adapt To The New Future
Forbes, April 21, 2020–Shafin JadavjiFor commercial real estate brokers, this crisis is a call to think forward. The actions that we as an industry take now will add to a …
Mortgage Servicers Remain Hopeful U.S. Will Deliver Coronavirus Relief
National Mortgage News, Apr. 20, 2020–Kate Berry (subscription)Federal backing for firms facing a deluge of missed mortgage payments is still on the table despite recent comments by an official who …
The Future of Lending Is Scalability: How Prepared Are You?
National Mortgage Professional, Apr. 20, 2020–Greg Holmes, Julie PiephoWhat’s happening in the marketplace right now will have a profound effect on the lending process in the future. Today, it’s all …