Coronavirus Impact
Coronavirus Impact
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The coronavirus made it particularly tough for independent contractors and independent business owners to get home mortgages, but there are some signs that market may recover soon.

May 27
3 Min Read

The company is looking to sell $1.1 billion of junk bonds secured by marquee properties including its State Street store in Chicago. The retailer is also setting up a line of credit worth about $3 billion, backed by its unsold goods

May 27
3 Min Read
Mortgages in forebearance

Forecasts about the pandemic's impact on the mortgage market have grown less dire after forbearance requests by homeowners nearly leveled off in the first half of May.

May 26
5 Min Read
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Some cities saw drops in annual housing supply nearing 40% in early May, according to Zillow.

May 26
1 Min Read
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Loans with coronavirus-related forbearance have to be reported as current to the credit bureaus but there’s a ripple effect from them that has implications for credit reports and underwriting.

May 22
2 Min Read
What's in California's borrower-protection bill

A Democratic measure to freeze foreclosures and auto repossessions through the coronavirus crisis while expanding eligibility for loan forbearance is getting strong pushback from banks and credit unions, which complain it would constrain credit.

May 21
4 Min Read
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With mortgage rates reaching all-time lows in the opening quarter, refinance originations were up in 97% of housing markets during 1Q, according to Attom Data Solutions.

May 21
2 Min Read

Progress Residential is bringing its next securitization of single-family rental properties to market, even as concerns mount on the depth of pandemic-driven tenant forbearance and delinquency trends.

May 19
3 Min Read
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