Coronavirus Impact
Coronavirus Impact
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The government-sponsored enterprises are focusing on how loans can be repaid after the federal forbearance period ends, and projections for loan modification volumes suggest the larger industry should, too.

April 28
2 Min Read

Fannie Mae and Freddie Mac are now able to buy loans in forbearance to alleviate pressure on the sector, but the fees charged by the mortgage giants to assume more risk could turn away some originators.

April 28
6 Min Read
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Is JPMorgan Chase an outlier or the canary in the coal mine when it comes to home equity lending during the coronavirus spread?

April 28
5 Min Read

The Small Business Administration's systems froze up shortly after the latest Paycheck Protection Program was launched Monday morning.

April 27
3 Min Read
% of securitized hotel loans that are overdue or in grace period

More details have emerged about the damage the coronavirus pandemic is inflicting on the hospitality industry. One servicer alone has received 2,000 workout requests in the past month.

April 24
4 Min Read
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Correspondent loan sellers are hoping the new GSE purchases will help to open a market frozen by coronavirus-related risk — but the prices offered so far aren't too promising.

April 24
4 Min Read
“We’re not looking at a Fed facility for this at this time,” said Treasury Secretary Steven Mnuchin. “The moves that both regulators have just taken are more than sufficient to create liquidity.”

The Treasury secretary said recent government moves will help the firms get through the risk of millions of borrowers missing their loan payments.

April 24
2 Min Read

The central bank and other agencies have come under pressure to be transparent about their use of funds authorized by the recent pandemic rescue law.

April 23
1 Min Read
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