The Mortgage Bankers Association and a half-dozen other industry trade groups this week asked Congress to extend the “covered period” under the Troubled Debt Restructurings relief under section 4013 of the CARES Act.
We were warned that second quarter gross domestic product data was going to be bad. Even so, the numbers that came out yesterday were off the charts--literally.
After improving—relatively speaking—through most of the spring, initial claims backslid for the second consecutive week, the Labor Department reported yesterday.
Redfin, Seattle, said nearly half (45%) of people who bought a home in the past year made an offer on a property that they hadn't seen in person, the highest share since at least 2015.
With the recent shift many people have experienced to remote work, digital closing options are top of mind for lenders. Fannie Mae has a variety of eMortgage resources to help you.