Mr. Cooper places 86,000 customers on forbearance plans
Mr. Cooper released its initial numbers on how it’s serving its customers during the COVID-19 pandemic, announcing it has placed more than 86,00Read More…
Testing is key to restarting the economy, Yellen says
Restarting the U.S. economy comes down to the availability of testing to identify the carriers of COVID-19 and protect the uninfected, according to foRead More…
Mortgage forbearance requests surged as coronavirus spread
The share of borrowers seeking payment relief rose more than tenfold as COVID-19 concerns grew and authorities encouraged the practice, according to tRead More…
Redfin furloughs 41% of its agents due to coronavirus
Redfin announced it would be reducing its number of employees by approximately 7%, according to the company’s filing with the Securities and ExcRead More…
Office 365: 3 ways your organization is mismanaging licenses
A new report finds that more than half of Office 365 licenses in the enterprise are inactive, underutilized, or unassigned.Read More…
Las Vegas home prices hit record despite coronavirus crisis
Bucking the fears of industry experts about how the coronavirus would impact the housing market, median home prices in the Las Vegas Valley set an allRead More…
These counties are most vulnerable to coronavirus’ impact on housing
Coronavirus has impacted home showings and has even resulted in more homes being delisted. While the novel virus is still spreading, it’s stRead More…
Evictions, foreclosures in Alabama on hold; rent, mortgage still due
A statewide stay-at-home order by Gov. Kay Ivey means evictions and foreclosures are on hold for at least a month.Read More…
PennyMac warns mortgage originators that forbearance buybacks could be coming
With the housing industry at large raising alarms about mortgage servicers’ desperate need for liquidity as more borrowers are requesting forbeaRead More…
CARES Act could lead to unexpected situation for mortgage insurers
The coronavirus relief legislation could result in private mortgage insurers having to hold more capital, a B. Riley FBR analyst report said.Read More…