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The FHFA Foreclosure Suspension for Borrowers Applying for Relief through Homeowner Assistance Fund; Implications for Servicers
Pete Mills, Senior Vice President of Residential Policy and Member Services with the Mortgage Bankers Association, cautioned that the policy could have unintended consequences for mortgage servicers.
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MISMO Calls for Participants to Develop a Roadmap for a Commercial eNote Standard
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new Development Workgroup focused on exploring industry interest and demand for creating a standard for Commercial electronic promissory notes (eNotes).
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Housing Market Roundup: Apr. 8, 2022
Here’s a quick-hit summary of recent housing reports that came across the MBA NewsLink desk:
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Jobless Claims Fall to Lowest Level Since 1968
Initial claims for unemployment insurance fell to 166,000 last week, the lowest level since 1968, the Labor Department reported Thursday.
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March Mortgage Credit Availability Edges Down
Mortgage credit availability fell slightly in March, the Mortgage Bankers Association reported Thursday.