CFPB Offers Resources on Mortgage Forbearance Under the CARES Act
Apr 03, 2020
The Consumer Financial Protection Bureau (CFPB) has released a video on how homeowners can obtain mortgage forbearance if their finances were impacted due to the COVID-19 pandemic in light of the passage of H.R. 748, The Coronavirus Aid, Relief and Economic Security Act or the "CARES Act."
The CFPB has also issued additional information for consumers on mortgage and student loan payment relief and how to avoid scams.
Delinquency rate falls below 4% for first time since start of pandemic.
The national mortgage delinquency rate fell again in September to 3.91%, the first time it’s been below 4% since the start of the COVID-19 pandemic, according to the first look at the data by Black Knight.
The decline came despite the fact that national moratoria prohibitin...
The $229.4M offering received preliminary ratings from KBRA
Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to six classes of mortgage pass-through certificates from SG Residential Mortgage Trust 2021-2 (SGR 2021-2).
The offering is a $229.4 million non-prime residential mortgage-backed security transaction sponsore...
Appraisal Subcommittee said requirements are being reviewed to determine whether they ensure and promote fairness, equity, objectivity, and diversity, in both appraisals and in the training and credentialing of appraisers.
The Federal Housing Finance Agency (FHFA) said Monday it will take two steps to help make home ownership more affordable and sustainable for mortgage borrowers, especially for those in underserved communities.
The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.