Remove articles more-borrowers-are-getting-forbearance-modifications
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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

Public health officials note that we have many more tools to address this latest — and likely not the last — challenge. More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances.

Marketing 458
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The Three Cs of Post-Forbearance

Housing Wire

million homeowners are on a forbearance plan and more than 70% of those loans have now been extended. In my last HousingWire article , I addressed how we need to anticipate the next wave of homeowner education to get ahead of a looming question for many struggling homeowners: “ What happens when my forbearance plan ends ?”

Training 384
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What happens if I declare bankruptcy?

PennyMac

Many lenders have programs to help borrowers make payments or reconsider their current loan agreements. Another option is loan forbearance , which is when payments are put on hold for a set period. Another option is loan forbearance , which is when payments are put on hold for a set period. What Happens If I Declare Bankruptcy?

Legal 36
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Department of Veterans Affairs pauses VA loan foreclosures for 6 months

Housing Wire

The Department of Veterans Affairs (VA) is pausing foreclosures on homes financed with VA loans for six months to help military borrowers in danger of losing their homes, a department spokesperson said in a statement to HousingWire on Monday.

Law 511
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Opinion: The risk in cutting FHA insurance premiums

Housing Wire

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. One news article suggested a possible presidential announcement of FHA premium reductions prior to the November elections. At least 137,000 of those borrowers have FHA-insured loans.

Insurance 390