The economic effects of the coronavirus pandemic showed up in March housings starts, which fell by more than 22 percent, HUD and the Census Bureau reported yesterday.
Tag: Mike Fratantoni
MBA Survey: Share of Mortgage Loans in Forbearance Continues to Climb
The surge in unemployment claims filed since mid-March resulting from the mitigation efforts to slow the spread of the coronavirus are straining household budgets and leading to more requests for mortgage forbearance. That is according to the Mortgage Bankers Association’s latest Forbearance and Call Volume Survey, which revealed the total number of loans in forbearance jumped from 2.73% to 3.74% during the week of March 30 to April 5.
MBA Survey: Share of Mortgage Loans in Forbearance Continues to Climb
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed the total number of loans in forbearance jumped from 2.73% to 3.74% during the week of March 30 to April 5.
MBA Survey: Share of Mortgage Loans in Forbearance Continues to Climb
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed the total number of loans in forbearance jumped from 2.73% to 3.74% during the week of March 30 to April 5.
Round 3: Initial Unemployment Claims Pile Up 3rd Week in a Row
Nearly 6.6 million Americans filed new applications for unemployment benefits during the first week of April, the Labor Department reported yesterday, bringing the total number over the past three weeks to nearly 17 million.
MBA Survey Shows Spikes in Loan Forbearance, Servicer Call Volumes
New survey findings from the Mortgage Bankers Association highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19).
MBA April Economic Commentary: Economy Slows Sharply; Massive Job Loss; but V-Shaped Recovery in Forecast
The spread of the coronavirus has slowed global and U.S. economic activity to a halt. Public and private measures to stem the spread of the virus have led to indefinite interruptions in many sectors of the economy, as well as future uncertainty surrounding how long this pause in the global economy will last and what the potential economic losses could be.
MBA Survey Shows Spikes in Loan Forbearance, Servicer Call Volumes
New survey findings from the Mortgage Bankers Association highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19).
MBA Survey Shows Spikes in Loan Forbearance, Servicer Call Volumes
New survey findings from the Mortgage Bankers Association highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19).
MBA April Economic Commentary: Economy Slows Sharply; Massive Job Loss; but V-Shaped Recovery in Forecast
The spread of the coronavirus has slowed global and U.S. economic activity to a halt. Public and private measures to stem the spread of the virus have led to indefinite interruptions in many sectors of the economy, as well as future uncertainty surrounding how long this pause in the global economy will last and what the potential economic losses could be.