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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.

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Here’s how much servicers may have to advance due to coronavirus

Servicers’ obligations to advance or temporarily absorb unpaid funds could range from $3 billion to $13 billion per month, according to Black Knight.

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Post-coronavirus home price growth could be highest in these cities

Prices on average are expected to grow at nearly half the rate they were expected to rise before the pandemic hit, according to Veros Real…

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Coronavirus slows, but doesn’t stop Bay Area real estate agents

The government lock-down on real estate sales loosened last week — agents and other professionals were deemed essential workers — but strict Bay Area guidelines…

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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.

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Why Have “Points” Made a Big Resurgence In The Mortgage Market?

Posted To: Mortgage Rate Watch The most important ingredient in the mortgage market is the presence of homeowners–prospective or otherwise–with the means and desire to…

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Covid-Related Job Losses Hit Residential Construction

Posted To: MND NewsWire The Jobless Claims Report and the Employment Situation Report and were both pretty devastating last week with more than 6 million…

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MBS Week Ahead: Is The Fed Really Buying Less Mortgage Debt This Week?

Posted To: MBS Commentary Here’s this week’s Fed MBS Purchase Schedule . The daily amount is down from a recent peak of $50 bln to…

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Originator, CRM, AI, Recruiting Products; Processing Changes Continue

Posted To: Pipeline Press Twas a rough night since today it’s garbage day. I was worrying all night, “What should I wear to take it…

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Briefs: Pioneer loses CFO, Unity CEO retires, 86 400 distribution agreement, MoneyMe results

Pioneer Credit’s chief financial officer Leslie Crockett has finished up at the embattled debt buyer.

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