Category: Top National News

MarketWatch, Aug. 10, 2021–Jacob PassyToday, an estimated 1.7 million homeowners are in forbearance plans, according to recent data from the Mortgage Bankers Association.https://www.marketwatch.com/story/mortgage-forbearance-is-about-to-end-for-millions-of-americans-heres-why-thats-good-news-for-home-buyers-11628609524?reflink=MW_GoogleNews

HousingWire, Aug. 5, 2021–Tim GlazeFewer than five million households failed to make their rent or mortgage payments in the second quarter of 2021 despite the effects of the COVID-19 pandemic …

Wall Street Journal, Aug. 6, 2021–Will Parker and Andrew Ackerman (subscription)Many individual property owners have struggled to collect monthly rent checks, and some have gone into forbearance on mortgageshttps://www.wsj.com/articles/eviction-moratoriums-renewal-squeezes-small-landlords-11628247601?

National Mortgage News, Aug. 06, 2021–Brad Finkelstein (subscription)Lodging and retail mortgages showed significant performance improvement in July and while office loan late payments are higher relative to the past, lease …

National Mortgage News, Aug. 9, 2021–Bonnie Sinnock (subscription)House Financial Services Committee Chair Maxine Waters, D-Calif., issued two letters late last week that urged federal agencies to provide more buffers against …

DS News, Aug. 3, 2021–Christina Hughes BabbMortgage lenders and financial servicers who are better prepared for climate-related disaster are positioned to anticipate and accelerate local economic recovery and protect homeowners, …

Axios, Aug. 3, 2021–Courtenay BrownAmericans collectively owe over $10 trillion for their homes — and a sizable share of that balance (44%) originated in the past year.https://www.axios.com/american-homeowners-debt-trillions-18b8f94e-61cc-43eb-a184-74f961e5d396.html

Wall Street Journal, Aug. 4, 2021–Brent Kendall (subscription)The Biden administration’s latest eviction moratorium is set to face an immediate and possibly fast-moving legal challenge that could present high hurdles for …

Wall Street Journal, July 30, 2021–Amara Omeokwe (subscription)U.S. household spending bounced back in June as consumers shelled out more on services at the start of the summer, but a current …

Washington Post, July 30, 2021–Jonathan O’Connell, Anu Narayanswamy, Rachel Siegel, Alyssa FowersThousands of Americans have been shortchanged by a yawning disconnect between two well-meaning policies lawmakers passed in response to …