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Zillow, Redfin, Opendoor And Realogy Suspend iBuyer Programs As Coronavirus Weakens Housing Market
...contracting COVID-19 through the real estate process. iBuying made waves in the housing market in 2019 by changing the way people buy and sell their homes. But in a world of social distancing......

Q&A: How could the historic $2 trillion coronavirus economic recovery package benefit you?
...package help me? It could. Homeowners with federally-backed mortgages are protected from foreclosures for as long as 180 days. Fact check: What's true and what's false about coronavirus?...

President Trump Signs $2.2T Stimulus Package
...and Economic Security Act contains numerous benefits for REALTORS® and consumers that NAR fought hard for during the past three weeks, including unemployment eligibility for the self-employed......

Top Markets Where Owners Are Most Eager to Lower Mortgage Payments
...IE users, please download Firefox , Chrome , or Edge . March 27, 2020 As mortgage rates hover near historical lows, homeowners have eyed taking advantage of them......

Mortgage Rates Drop for First Time in 3 Weeks
...COVID-19 rescue package.   The law contains numerous benefits for REALTORS® that NAR fought hard for during the past three weeks, including unemployment eligibility for the self-employed and......

Relief Package A Good Start, Say Advocates For The Poor. But More Help Is Needed.
...renters. The bill also calls for a temporary moratorium on evictions and foreclosures — for both renters and owners — on property with federally backed mortgages. During the Great Recession......

Your Guide To The Federal Stimulus Package
...that they’re experiencing a financial hardship during the crisis. Additionally, no foreclosures or evictions from properties with federally backed mortgages can occur during this period.  During......

How Much It Costs To Prevent Americans From Losing Their Homes
...on Tuesday evening. The 880-page stimulus bill includes moratoriums on evictions and foreclosures as well as forbearance of mortgage payments for both single-family and apartment owners. As......

Mortgage insurers should weather defaults from the coronavirus: KBW
...they lacked the capital to pay claims from the increased number of foreclosures. Even in situations where mortgage insurers grant borrowers forbearances, they must treat the missed payment......

NAR Offers Relief on Business Tools During Crisis
...our members, their families, and their businesses is of paramount importance to NAR’s Leadership Team, myself, and our staff,” said Goldberg, who also issued a corresponding video announcement......

Action needed now to support borrowers that IMBs serve
...need affordable mortgages to buy homes, to avoid the same type of housing market implosion that occurred after the 2008 crisis. This also comes at a time when borrowers are increasingly missing......

Sheila Bair: The Fed is making the right moves to help America's small businesses
...Bair is a founding director of the Volcker Alliance, and chaired the FDIC from 2006 to 2011. The opinions expressed in this commentary are her own. My grandmother was fond of saying that the......

What the $2T Federal Package Means for Multifamily
...9 to 8 percent for qualifying community banks Temporary authority for the FDIC to establish a debt guarantee program to guarantee debt of solvent insured depositories and depository institution......

Coronavirus shows signs of slowing spring home buying, especially in New York, California and Washington state
...spring homebuying season, applications to refinance or buy a home plunged last week. Mortgage applications overall dropped 29.4% as compared to a week earlier, according to the Mortgage Bankers......