For housing, the future looks bright.
Early metrics suggest that the housing market has turned a corner from mid-April lows, and Zillow predicts a steady recovery for U.S. home sales.
“We do expect sales to fall anywhere from 50% to 60% from those [pre-pandemic] heights. And that bottom is pretty much now,” Skylar Olsen, senior principal economist at Zillow, told Yahoo Finance.
CFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly | Consumer Financial Protection Bureau
Today, the Consumer Financial Protection Bureau (Bureau) took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic.
While the COVID-19 health crisis persists, the country is starting to shift from survival mode to thinking about what’s next. As states and cities begin to lift their stay-at-home orders, questions swirl about when and how will people return to work. The new normal may be a half-speed economy with masks, wipes, testing, temporary quarantines, significant process changes and regional variations.
Fannie Mae and Freddie Mac have updated their guidance regarding the impact of COVID-19 on loan originations, including details regarding the use of remote online notarization.
We are excited to announce AccuTitle’s integration with: The Security Title Guarantee Corporation of Baltimore!
By utilizing AccuTitle’s unprecedented functionality and two-way integrations into a number of essential third-party organizations, we enable your business to seamlessly use a single platform.
The Consumer Financial Protection Bureau (CFPB) on April 29 took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic.
To help, the bureau issued an interpretive rule clarifying that consumers can exercise their rights to modify or waive certain required waiting periods under the TILA-RESPA Integrated Disclosure Rule (TRID) and Regulation Z rescission rules. The rule goes into effect when published in the Federal Register.