Will Recent Executive Order on Evictions Protect Homeowners?
Tue, 11 Aug 2020 18:08:14 +0000

President Donald Trump on Saturday signed an executive order he said would protect Americans from eviction, along with other items. Housing advocates believe the order does not specifically prevent mass evictions. White House could do more, they say. President Trump stepped in due to a deadlock among lawmakers charged with drawing up a COVID-related stimulus ...

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How COVID-19 Is Changing the Mortgage Market
Mon, 10 Aug 2020 20:55:00 +0000

Paul Nagai, Managing Director, The Antares Company, discusses the effects the pandemic is having on the industry. Note: This piece previously appeared in the August edition of DS News.

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Could Fears of ‘Foreclosure Tsunami’ Be Unfounded?
Mon, 10 Aug 2020 17:28:42 +0000

Foreclosures will still happen, but consider the two-step foreclosure process to understand why this recession may be different. 

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California to Mortgage Servicers: Remember Duty to Struggling Homeowners
Mon, 10 Aug 2020 16:01:32 +0000

California Attorney General Xavier Becerra said he will not hesitate to enact investigative and enforcement actions against servicing professionals who fail to meet legal obligations during COVID crisis

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Five Star Global Expands Its Executive Team
Mon, 10 Aug 2020 15:36:51 +0000

The company's announced hires include a newly appointed CEO and CFO. In addition, former President and CEO Ed Delgado will serve as Chairman Emeritus.

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DS5: Lessons Learned From Working Remote
Mon, 10 Aug 2020 05:00:19 +0000

Mark Revard, Oklahoma Market President for Gateway Mortgage, discusses what the future holds for the mortgage market and how the industry has adapted to the challenges of COVID-19.

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The Week Ahead: Update on Jobless Claims
Sun, 09 Aug 2020 17:01:38 +0000

In addition to the update from the Department of Labor, the National Association of Realtors will release a new report on home prices.

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Challenges Remain When Chasing the American Dream
Fri, 07 Aug 2020 21:01:23 +0000

Despite a recent climb in Black homeownership rates, new data reveals that areas of inequality remain. Click through to learn more.

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Household Debt Decrease Reflects Pandemic-Related Spending Decline
Fri, 07 Aug 2020 20:44:29 +0000

Total household debt decreased for the first time since 2014 in Q2, including the steepest decline in credit card balances seen in the history of the data. In its Quarterly Report on Household Debt and Credit, The Federal Reserve Bank of New York’s Center for Microeconomic Data showed total household debt decreased by $34 billion (0.2%) ...

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‘Echo Wave’ of Forbearance Expirations Predicted
Fri, 07 Aug 2020 20:37:01 +0000

Black Knight reveals the number of active forbearance plans fell this last week, with more than 75% of loans that are currently in active forbearance facing extension plans. Black Knight, Inc., a leading provider of integrated software, data and analytics solutions, has released the latest findings from the McDash Flash Forbearance Tracker. Indicators point to ...

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