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Recipients can’t charge penalties for, or engage in, evictions solely for nonpayment, must provide a written notice of tenant rights, flexibility in repayment and, where applicable, 30-day vacate notices.
December 24 -
The availability of financing hasn’t been an issue to date, but it still could be.
December 23 -
About 4,400 loans started the foreclosure process in November, alongside 176,000 mortgages in active foreclosure.
December 22 -
The company expects a good year ahead for mortgage insurers, assuming that rising employment, higher home prices and payment timing deferrals will help them to mitigate risk.
December 18 -
With infection rates rising and unemployment claims increasing since Thanksgiving, mortgages in coronavirus-related forbearance rose by 37,000 last week, according to Black Knight.
December 18 -
While 12,000 mortgages exited forbearance, the most borrowers entered forbearance protection in a week since early September, according to Black Knight.
December 11 -
The November foreclosure rate represented an 80% decline from the year before, according to Attom Data Solutions.
December 10 -
Lower cure rates and possible rises in foreclosures and claims could force these companies to raise capital next year, Fitch Ratings said.
December 4 -
The extension of the FHA’s willingness to conditionally endorse loans with suspended payments came amid a renewed push by public and private entities to spread awareness of the CARES Act option.
November 30 -
The center’s annual study shows the extent to which larger multi-unit properties are insulated from distress.
November 23