FHFA director: Approximately 700,000 mortgage loans could need forbearance
Federal Housing Finance Agency director Mark Calabria joins CNBC's "Squawk on the Street" to discuss the influx of calls lenders are seeing as homeowners ask for forbearance......»»
Digital homeownership company Better expands streamlined mortgage service to Minnesota
Lucy Randall, director, strategy and operations at Better, said the company's model isn't totally unique, but it prides itself on combining technology with human intelligence......»»
: Mortgage rates fall for the first time since February — but don’t necessarily expect a long reprieve
The interest rates on home loans likely haven’t hit their ceiling yet, according to one economist......»»
Capitol Report: CFPB moves to avert a wave of foreclosures
The Consumer Financial Protection Bureau is moving to strengthen protections for struggling mortgage borrowers, including those with non-federally backed loans who have so far been excluded from nationwide Covid-related relief......»»
NerdWallet: What you can do if your mortgage forbearance is ending
Your options, depending on the type of loan, may be extension, repayment of the past-due amount or even resuming your old payments as if nothing happened......»»
Feds Warn Mortgage Firms: "Tidal Wave Of Distress" Coming As Forbearance Programs Set To Lapse
Feds Warn Mortgage Firms: "Tidal Wave Of Distress" Coming As Forbearance Programs Set To Lapse The Consumer Financial Protection Bureau (CFPB) warned mortgage firms Thursday "to take all necessary steps now to prev.....»»
NerdWallet: Debt can do ugly things to your taxes this year; what to do about it
Some taxpayers are poised to owe more or could lose their refund if they have forgiven debt or loans in forbearance......»»
TaxWatch: Did you skip mortgage payments last year? Here’s what that means for your taxes
Millions of Americans received forbearance on their mortgages over the past year, and that could have tax implications......»»
Borrowing limits for conforming mortgage loans to rise in 2021
TOWN SQUARE | The Federal Housing Finance Agency, which oversees Freddie Mac and Fannie Mae, announced that conforming loan limits for one-unit properties will rise to $548,250 for 2021 in most counties across the U.S., up from $510,400 in 2020......»»
Islands Hospice names new executive director
As executive director of Islands Hospice, Nena Hart will provide clinical and operational direction to the leadership team — and approximately 250 total staff — with locations on Oahu and Maui to ensure families receive hospice care and support......»»
High demand expected for newest round of PPP loans
Hawaii Bankers Association executive director Neal Okabayashi encouraged people not to waste time for the first-come, first-serve loans......»»
The Big Move: I have nearly $600,000 in student debt after getting four college degrees. Can I still buy a home?
The coronavirus pandemic has complicated the process mortgage lenders use to underwrite home loans for people with student debt......»»
Homeowners who can"t make mortgage payments get a new deferral option
Many struggling homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over, the.....»»
Mortgage delinquencies caused by the coronavirus will exceed Great Recession levels, according to this forecast
The troubles homeowners face now could make it harder for other people to get home loans in the future......»»
Everything You Should Know About Mortgage Forbearance
(TNS)— More than 3.4 million Americans are in mortgage forbearance plans, which allows them to pause payments for a month to as long as a year. As the cor.....»»
What it"s like to refinance your mortgage during the coronavirus, according to a San Francisco homeowner who expects to save tens of thousands of dollars
Chris Hutchins Chris Hutchins, Senior Director of Product at Wealthfront.....»»
Fear and desperation on Main Street as small businesses struggle to survive despite PPP and other federal loan programs
Millions of small business owners have not received government loans under the CARES Act. Many are bootstrapping, crowdfunding and deferring mortgage payments to stay afloat......»»
TRANSACTIONS: Under $10M loans close remotely
Houlihan-Parnes Realtors announced the following transactions: • Ed Graf arranged first mortgage re-financing for a single tenant Dialysis Center. The 10,.....»»
Mortgage bailout swells to 4.1 million borrowers, but demand is slowing
In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight......»»
Banks are offering mortgage forbearance due to COVID-19, but customers who take it might struggle to get a home loan later on
Joe Raedle/Staff/Getty Images As millions .....»»
If you’re skipping your mortgage payments, watch out for this costly mistake
More than 3.5 million mortgage borrowers have requested forbearance — they need to weigh their options carefully......»»