Mar 30, 2020 |
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Mar 30, 2020 |
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To help lenders navigate the uncertainties in the mortgage industry amid the COVID-19 pandemic, HousingWire filmed an interview with Finance of America Mortgage President Bill Dallas to get the latest feedback on what’s happening. He also gives valuable insight on how the industry is working together to find ways to move forward. Here are two […more]
Mar 30, 2020 |
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With the coronavirus continuing to reshape the face of the country and the economy, the biggest players in the mortgage business are moving to make it easier to lend under these extraordinary circumstances. Last week, Fannie Mae and Freddie Mac relaxed their standards for both property appraisals and verification of employment on the loans they […more]
Mar 30, 2020 |
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The Senate recently passed a $2 trillion federal rescue package that was signed into law by President Donald Trump Friday evening. The largest-ever stimulus bill in U.S. history includes $250 billion in direct checks to Americans and boosts unemployment benefits to help people pay their bills, including mortgages, while the nation struggles with the COVID-19 […more]
Mar 30, 2020 |
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Max Touhey Concerns linger about rent payments—but Cuomo says the issue is solved Calls to cancel rent payments are growing across the state, as millions of New Yorkers grapple with the economic fallout of the novel coronavirus pandemic. But Gov. Andrew Cuomo insists that he has already provided relief for tenants struggling to make rent. […more]
Mar 30, 2020 |
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Mar 30, 2020 |
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Mar 30, 2020 |
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Mar 30, 2020 |
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The economic toll of coronavirus has been profound and precipitous. The week before last, 3.3 million people filed for unemployment in the United States. It will be days before the Labor Department tells us how many more followed suit last week. These millions of unemployed Americans are our neighbors, family members and friends, and they’re […more]