FHA Establishes New, Streamlined COVID-19 Recovery Loss Mitigation Options

The Federal Housing Administration on Friday published Mortgagee Letter 2021-18, COVID-19 Recovery Loss Mitigation Options. The ML outlines assistance for homeowners who have been financially impacted by the COVID-19 pandemic to remain in their homes with new, streamlined loss mitigation options.

CRE Executives Becoming Bearish

Commercial real estate executives are growing “bearish” about the U.S. CRE market, DLA Piper’s Global Real Estate State of the Market Survey reported yesterday.