During the first three months of the COVID-19 pandemic, nearly 11 million households fell behind on their rent or mortgage payments and 30 million individuals missed at least one student loan payment, according to new research released today by the Mortgage Bankers Association’s Research Institute for Housing America.
Tag: Forbearance
RIHA Study: COVID-19’s Impact on Jobs, Ability to Make Housing, Student Debt Payments
During the first three months of the COVID-19 pandemic, nearly 11 million households fell behind on their rent or mortgage payments and 30 million individuals missed at least one student loan payment, according to new research released today by the Mortgage Bankers Association’s Research Institute for Housing America.
MBA: Share of Mortgage Loans in Forbearance Declines to 7.16%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported the total number of loans now in forbearance decreased 4 basis points to 7.16 percent of servicers’ portfolio volume as of Aug. 30.
Regrets? For Some Homeowners During Pandemic, a Few
A new survey from LendEDU, Hoboken, N.J., finds more than half of new homeowners regret taking out a mortgage during the coronavirus pandemic, with most of them citing a job layoff as the reason for their angst.
FHFA Extends GSE Forbearance Purchases through Sept. 30; Extends COVID-Related Loan Processing Flexibilities
The Federal Housing Finance Agency announced Wednesday that Fannie Mae and Freddie Mac will extend buying qualified loans in forbearance and several loan origination flexibilities through September 30.
FHFA Extends GSE Forbearance Purchases through Sept. 30; Extends COVID-Related Loan Processing Flexibilities
The Federal Housing Finance Agency announced this afternoon that Fannie Mae and Freddie Mac will extend buying qualified loans in forbearance and several loan origination flexibilities through September 30.
MBA Chart of the Week: Mortgage Delinquency Rates
MBA released its National Delinquency Survey results for the second quarter last week. Key findings revealed that the COVID-19 pandemic’s effects on some homeowners’ ability to make their mortgage payments could not be more apparent.
MBA: Mortgage Delinquencies Spike in Second Quarter
The Mortgage Bankers Association’s released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding.
MBA: Mortgage Delinquencies Spike in Second Quarter
The Mortgage Bankers Association’s released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding.
Distressed Debt Monitor: A Conversation with Mayer Brown Partner Jeffrey O’Neale
MBA NewsLink interviewed Jeffrey O’Neale, a partner in Mayer Brown’s Charlotte office and a member of the Real Estate Markets practice. A primary focus of his practice is representing special servicers in loan workouts, restructurings and modifications and repurchase facility buyers in the servicing and administration of their commercial mortgage loan portfolios.