Here we go again – the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association’s (MBA) revealed that the total number of loans… Read More »Mortgage Forbearance Rate Hits 7%, Fannie/Freddie May Offer Partial Claim to Repay
While it’s becoming easier to compare the housing bust that sparked the Great Recession with today’s uncertain climate, the two just aren’t the same. You’re… Read More »12 Reasons Today’s Housing Market Is Not the Great Recession All Over Again
It’s Monday and I’ve got some good news for homeowners regarding mortgage forbearance. This morning, the Federal Housing Finance Agency (FHFA) announced, or rather reiterated,… Read More »FHFA Says No Lump Sum Due Once Mortgage Forbearance Ends
Back in early 2018, Quicken Loans proclaimed it was the largest mortgage lender in the country, thanks to a solid fourth quarter in 2017. It… Read More »Quicken Loans Officially the Biggest Mortgage Lender in the Country
While the first quarter was booming for many mortgage lenders (see Quicken’s record month), the second quarter and beyond might be a different story as… Read More »It’s Going to Be Harder to Get a Mortgage Thanks to COVID-19
While the CARES Act has allowed millions of homeowners nationwide to put their mortgage payments on hold, doing so has left lots of questions for… Read More »Fannie Mae and Freddie Mac Agree to Buy Mortgages in Forbearance
With each week that goes by, the mortgage forbearance rate climbs to new highs thanks to the coronavirus (COVID-19). The more or less complete shutdown… Read More »Nearly 6% of Mortgages in Forbearance as FHFA Provides Relief to Loan Servicers
Necessity is the mother of innovation, and with that comes the so-called “Livestream Open House,” which has just been launched by Realtor.com in the face… Read More »Introducing the Livestream Open House
We’re now getting more information on just how many Americans might be receiving mortgage relief due to the crippling effects of coronavirus. It’s only been… Read More »Nearly 3 Million Homeowners Already Receiving Mortgage Forbearance
The current solution for those struggling to make mortgage payments due to COVID-19 is mortgage forbearance. It allows homeowners to “pause” mortgage payments for anywhere… Read More »Could a Cash Out Refinance Be a Better Solution Than Mortgage Forbearance?
