MBA remains engaged with key regulators, lawmakers, and stakeholders on top issues stemming from the COVID-19 pandemic. In response to member inquiries regarding the GSEs’ payment deferral options for borrowers in COVID-19 forbearance plans, MBA, along with counterparts from other national trade associations, developed FAQs following discussions with FHFA, Fannie Mae and Freddie Mac representatives.
Apartment rent prices slowed more in April than in several years when the coronavirus pandemic hit, the April Zillow Real Estate Market Report said.
MBA’s Chart of the Week three weeks ago (May 8) focused on the U.S. Bureau of Labor Statistics’ bleak April report on employment conditions. We examined which industries and sectors have been hardest hit by the COVID-19 pandemic. This week, we continue our examination of the labor market using new survey data released by the Federal Reserve Board, and examine, by education level, how many people were able to work from home as the crisis deepened in early April.
Forget the coronavirus—if you want to raise the blood pressure of a mortgage lender or servicer, just say these two words: “PACE loan.”