Apr 24, 2020 |
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Over the last several weeks, the housing industry’s finance sector has lobbied the government to set up a federally-backed liquidity facility for U.S. mortgage servicers to address a substantial increase in forbearance requests from the nation’s financially strained borrowers. HousingWire Digital Producer Alcynna Lloyd sat down with the former head of the Federal Housing Administration and former Mortgage Bankers […more]
Apr 24, 2020 |
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If you are like most mortgage professionals, you are getting calls about forbearance. The longer you have worked in the industry, the more calls you are getting. Since the COVID-19 pandemic, I have had friends, neighbors, relatives and even Realtor referral partners ask about mortgage payment relief and the consequences of such relief. Quentin HardyGuest […more]
Apr 24, 2020 |
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Apr 24, 2020 |
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Apr 24, 2020 |
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The challenges facing the mortgage industry were raised by three prominent industry leaders during a webinar sponsored by the National Association of Minority Mortgage Brokers of America. Kristy Fercho, president of mortgage at Flagstar Bank in Troy, Michigan, predicted that in 12 months the industry will “still be dealing with the remnants of COVID.” She […more]
Apr 24, 2020 |
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The impact of the coronavirus has already caused numerous real estate companies, including Compass, Opendoor and eXp Realty, to lay off employees, and it turns out that even one of the biggest housing nonprofits is not immune from having to make hard decisions these days. Habitat for Humanity International, the umbrella organization for the local […more]
Apr 24, 2020 |
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Work From Home — Day 39 What is Your Risk Profile? 5:00AM PST Team – What is your risk profile? Do you know? Have you thought it through? Risk is personal. It can be empowering or limiting. Risk can involve limitations — physical, emotional, or intellectual. More times than not, risk tolerances are a function of self-imposed […more]
Apr 24, 2020 |
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Apr 24, 2020 |
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