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Fannie & Freddie to Buy Loans in Mortgage Bailout Program

Key Highlights Federal Housing Finance Agency (FHFA) announced Fannie and Freddie to buy loans that in government’s forbearance program just after the homes close ...

FHFA Moves to Limit Services to Advance Only 4 Months of...

Key Highlights Federal Housing Finance Agency (FHFA) moving to help servicers that collect payments on loans backed by Fannie Mae and Freddie Mac FHFA...

Weekly Mortgage Demand Stalls

Key Highlights Average contract interest rate for 30-year fixed rate mortgages unchanged at 3.45% Total mortgage application volume down -0.3%, according to Mortgage Bankers...

Banks Earned $10B in Fees for Handling Small Business Loan Program

Key Highlights Banks and credit unions handling $349B loan program for small business earned $10B in fees Loan processing required less vetting by and...

Podcast: What The Top Agents Are Doing NOW | Updated Info,...

Have you been looking for unfiltered fluff free information about what you must do NOW....to not just survive this historic economic crash but thrive...

IMP Predicts Worst Global Recession Since 1930’s

Key Highlights International Monetary Fund (IMF) predicts global economy to contract by -3% in 2020 IMF predicts “partial recovery” in 2021 IF there improvement...

Homebuilder Confidence Index Takes Biggest One-Month Dive Ever

Key Highlights National Association of Homebuilders/Wells Fargo Housing Market Index drops 42 points regarding single-family homes to reading of 30 in month of April ...

Senate Passes Legislation to Provide Additional $484B Funds for COVID Small...

Key Highlights The Paycheck Protection Program (PPP) to receive additional $310B to replenish funds that were already awarded to keep employees on small business...

Senate Nears $370B Deal for Small Business Loan Programs

Key Highlights As of Sunday, both parties negotiating $370B deal for small business loan programs $$310B would be allocated to Paycheck Protection Program (PPP) ...

Re-Opening Plans for Each State (for right now)

Key Highlights Use the zerohedge.com link both on top of and at the bottom of this piece to learn current re-opening plans as published...

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