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Most Americans Plan to Spend Stimulus Within Three Months

More than six in 10 U.S. adults receiving a third coronavirus relief payment worth $1,400 per adult said the money won’t keep them afloat for more than three months, according to a recent survey. So… Read more...

Mortgage Rates Fall for Second Straight Week

U.S. average mortgage rates have logged a second consecutive week of declines after upbeat economic data. So reports the Associated Press. Read more...

Biden Brings Back Two Fair Housing Rules Gutted by Trump

The Biden administration has moved to reinstate two Obama-era fair housing rules that Trump dismantled late in the 2020 presidential campaign. So reports Bloomberg. Read more...

Forbearance Plans Fall 9% in a Week: Black Knight

Not only did we see a sixth week of declining forbearance plan volumes, but this week we saw the largest drop in six months, according to recent data from Black Knight. Read more...

Bodnar of MMG: Fed Fears Turn to Cheers

The markets were on edge heading into the Fed Minutes. However those fears turned into cheers, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

CFPB Moots Servicing Rule Change to Curb COVID-19 Foreclosures

The Consumer Financial Protection Bureau (CFPB) has proposed changing mortgage servicing rules to keep homeowners from being forced into foreclosure later this year due to the pandemic. So reports CNBC. Read more...

COVID-19 Kept Many Americans from Financial Events: Poll

A new survey finds that many Americans have delayed financial milestones such as buying a home because of the coronavirus pandemic. So reports Bankrate.com. Read more...

Trump HUD Official Rebuked for Violating Federal Law

A former Trump housing official has been penalized for actions that a federal watchdog deemed violations of a law that bans executive branch staffers from engaging in partisan political activity on the job. So reports… Read more...

Homes Sold at Record Pace in March: Redfin

March Madness was real in the housing market, which has continued to break records. So reports The Real Deal. Read more...

5th Consecutive Week of Forbearance Improvement: Black Knight

For the fifth consecutive week–the longest stretch since September–there was improvement in active forbearance volumes, according to data from Black Knight. Read more...

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