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Mortgage Borrowers Stop Making Payments with Economy Shut

2020-04-07 18:51:00| National Real Estate Investor

The percentage of loans in forbearance grew to 2.66 percent as of April 1, according to the Mortgage Bankers Association.

Tags: making stop economy payments

 

Coronavirus: UK mortgage market goes into lockdown

2020-03-31 13:05:13| BBC News | Business | UK Edition

Lenders are cutting back on loans, unless borrowers have a huge deposit or plenty of equity.

Tags: market mortgage lockdown mortgage market

 
 

Mortgage Servicers at Risk If Virus Persists, FHFA Chief Says

2020-03-26 14:49:00| National Real Estate Investor

Unless things improve within the next two months, there will be a lot of stress on non-bank mortgage servicers.

Tags: says risk chief mortgage

 

A Rent Wipeout Could Ignite a Mortgage Crisis: Brian Chappatta

2020-03-25 15:09:00| National Real Estate Investor

If the rent for this period is just never paid, there is a risk of a health crisis turning into a banking crisis.

Tags: rent brian mortgage crisis

 

Coronavirus mortgage relief for homeowners

2020-03-17 19:25:56| BBC News | Business | UK Edition

Chancellor Rishi Sunak announces mortgage lenders will offer a three month mortgage payment holiday to those struggling to pay.

Tags: mortgage relief homeowners mortgage relief

 

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