Coronavirus Impact
Coronavirus Impact
At the state level, the CFPB report found a correlation between the decline in credit inquiries for certain catetories and the rates of COVID-19 cases and unemployment insurance claims.

Credit inquiries for auto lending, revolving credit cards and mortgages fell sharply in March as unemployment surged, according to a Consumer Financial Protection Bureau report.

May 1
1 Min Read
Oakland On Course To Create More New Housing Units Than San Francisco In 2019

About 7.3% of U.S. mortgages entered forbearance plans in April, providing temporary relief to more than 3.8 million borrowers who have lost income during the coronavirus pandemic.

May 1
1 Min Read

Apollo Global Management Inc. faces the prospect of having to hand back earlier profits from several of its funds as its holdings were hit hard by the economic fallout from the coronavirus pandemic.

May 1
3 Min Read

In round two of the Paycheck Protection Program, the bank has sent some 256,000 loan applications to the Small Business Administration for processing.

April 30
1 Min Read
NMN043020-CaseShiller.png

The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.

April 30
1 Min Read

An early look at securitized residential home-loan performance amid the coronavirus pandemic indicates encouraging trends thus far in impairment levels of non-qualified mortgages, according to a new report from investor analytics firm Dv01.

April 30
2 Min Read
NMN04302020-Freddie.png

While Freddie Mac stabilized liquidity in mortgage markets, coronavirus-related credit losses drove the GSE's income down in the first quarter of 2020.

April 30
1 Min Read
CUJ-043020-TANSUNION.jpeg

Nearly 70% of U.S. adults between the ages of 26 and 40 said their earnings had been negatively affected by the outbreak, about 10 percentage points higher than other age groups.

April 30
1 Min Read
The Latest