FHA

News of the temporary freeze came as the administration had faced increasing pressure from members of Congress and housing advocates to halt foreclosures and evictions in response to the worsening economic fallout from the coronavirus outbreak.
Neil Haggerty
March 18, 2020 12:42 PM

The temporary foreclosure moratorium on loans backed by HUD, Fannie Mae and Freddie Mac comes after lawmakers and housing advocates had pushed for steps to avoid consumers getting booted from their homes.

2 Min Read
Townhouses/neighborhood housing
March 15, 2020 9:30 PM

A national moratorium would be costly to lenders and servicers, but proponents say it's needed to help cushion the economic blow of the pandemic.

6 Min Read
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Glenn McCullom
March 11, 2020 10:53 AM

The Mortgage Bankers Association raised its refinance projections for 2020, a move precipitated by an application volume increase of 55.4% from one week earlier.

2 Min Read
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Bonnie Sinnock
March 5, 2020 1:17 PM

Endorsements of Home Equity Conversion Mortgages fell nearly 14% on a consecutive-month basis in February after a January surge, but stayed relatively strong compared to average levels last year.

1 Min Read
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Glenn McCullom
March 4, 2020 11:21 AM

Mortgage application volume increased 15.1% from one week earlier, and with interest rates still falling, even higher refinance demand is probable in the short term, according to the Mortgage Bankers Association.

2 Min Read
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Glenn McCullom
February 26, 2020 11:28 AM

Mortgage application volume rose last week, but with the 10-year Treasury yield tanking in recent days, growth in refinancings for the current period is quite likely, according to the Mortgage Bankers Association.

2 Min Read