Home Prices Damaged Because of COVID-19? Not at All, NAR Says April 23, 2020 Maria Volkova NAR sees no panic in the home real estate market, at least not yet...Read More
VA Lenders Gearing Up for Purchase-Mortgage Activity April 23, 2020 Maria Volkova VA mortgage companies are gearing up for an increase in purchases as lock-down orders for military personnel will be lifted starting June 30.Read More
HUD Issues Reporting Relief for HECM Lenders April 20, 2020 Maria Volkova Reverse lenders believe the HECM policy updates will help facilitate a more effective and efficient assignment process.Read More
HUD Allows HECM Lenders Leeway in Filing Documents April 17, 2020 Maria Volkova HUD has approved alternative documentation for claim payments as well as extending deadlines for delivery. Read More
Top-Ranked FHA Lenders Increase Hiring April 17, 2020 Maria Volkova A handful of top-ranked FHA lenders have ramped up their hiring in anticipation of processing a boatload of forbearance requests.Read More
Relief for Borrowers With FHA Multifamily Mortgages April 17, 2020 Maria Volkova Multifamily borrowers with FHA-insured loans can receive forbearance for 90 days under the CARES Act. Read More
Around the Industry April 17, 2020 Maria Volkova Greystone to provide $25 million in HUD-insured construction financing for a multifamily project; the COVID-19 outbreak has spurred technological innovation at FHA; A new hire for Down Payment Resource.Read More
Forbearance Requests Continue to Climb April 16, 2020 Maria Volkova Forbearance requests have been made on 3.74% of all outstanding first liens. That number is expected to grow.Read More
Another COVID-19 Victim: The IRS’ IVES System April 13, 2020 Maria Volkova The IVES system, which many criticize as being antiquated, functions by way of a fax machine... Read More
FHA Won’t Release Forbearance Numbers Until April End April 10, 2020 Maria Volkova Mortgage forbearance tied to the pandemic is on everyone’s mind these days, but HUD isn’t ready to provide any estimates. Read More