The Number of Americans Skipping Mortgage Payments Drops to Lowest Level Since April—but Some Borrowers Face Bigger Challenges

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Many Americans have successfully resumed paying their mortgage off, but some borrowers are still facing difficulty in today’s economy.

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Renters in U.S. Cannot Be Evicted Through the End of the Year Due to Coronavirus, CDC Order States

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The CDC order provides a declaration for renters to sign stating they are unable to pay rent and have sought government assistance.

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Before Making Loans, Some Mortgage Lenders Ask, Do You Really Plan to Pay This?

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New forms are showing up in some borrowers’ paperwork when they close on their home loan. Lenders are asking them to confirm that they don’t plan to skip their payments, at least not right away.

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Mortgage Refinance Surcharge Delayed by Fannie, Freddie Until Dec. 1

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Homeowners who refinance their mortgages in the next three months will avoid paying the additional fee averaging $1,400 after an outcry from industry groups, lawmakers and the White House.

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