Industry News


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HUD Announces Fair Housing Month Theme
Tue, 07 Apr 2020 20:04:44 +0000

This year's theme serves as a public awareness campaign that urges the persons who experience sexual harassment where they live to "call HUD."

The post HUD Announces Fair Housing Month Theme appeared first on DSNews.



The Most At-Risk Housing Markets
Tue, 07 Apr 2020 19:19:12 +0000

According to a new report, counties in these states are most vulnerable to the economic impact of the coronavirus, with a high volume of underwater homes and high wages required to pay for major homeownership expenses.

The post The Most At-Risk Housing Markets appeared first on DSNews.



Corday On CFPB’s COVID-19 Response
Tue, 07 Apr 2020 14:54:05 +0000

In a new white paper, former CFPB Richard Cordray outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused by the coronavirus.

The post Corday On CFPB’s COVID-19 Response appeared first on DSNews.



DS5: FHFA Director Discusses Forbearance
Mon, 06 Apr 2020 20:53:34 +0000

In this episode of DS5: Inside the Industry, FHFA Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the programs being offered to homeowners.

The post DS5: FHFA Director Discusses Forbearance appeared first on DSNews.



Coronavirus Could Halt Mortgage Payments
Mon, 06 Apr 2020 20:28:27 +0000

Click through to read what share of Americans with loans could stop paying them if the economy remains closed through the summer.

The post Coronavirus Could Halt Mortgage Payments appeared first on DSNews.



Ocwen Financial Addresses COVID-19 Concerns
Mon, 06 Apr 2020 20:14:27 +0000

The company is evaluating potential increases in servicer advance levels and servicing costs based on increased borrower delinquency levels, among other factors that could affect its liquidity and financial condition assessments.

The post Ocwen Financial Addresses COVID-19 Concerns appeared first on DSNews.



Federal Reserve Announces Additional Relief Measures
Mon, 06 Apr 2020 19:04:32 +0000

Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers.

The post Federal Reserve Announces Additional Relief Measures appeared first on DSNews.



Jamie Dimon: We’re Getting a ‘Bad Recession’
Mon, 06 Apr 2020 16:16:55 +0000

The JPMorgan Chase CEO expects the coronavirus crisis to include elements of financial strain similar to the 2008 downturn. Here's how the bank is weathering the crisis.

The post Jamie Dimon: We’re Getting a ‘Bad Recession’ appeared first on DSNews.



The Impact on At-Risk Homeowners
Sat, 04 Apr 2020 16:49:51 +0000

Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected.

The post The Impact on At-Risk Homeowners appeared first on DSNews.



The Week Ahead: Insight from FHFA Director on Forbearance
Sat, 04 Apr 2020 16:00:59 +0000

In The Week Ahead, get insights on how business is being done in the age of COVID-19, and what regulators are doing to assist homeowners, lenders, and servicers in the latest episode of DS5: Inside the Industry.

The post The Week Ahead: Insight from FHFA Director on Forbearance appeared first on DSNews.