Summer 2020’s unseasonably hot housing market
With the economy several months deep into the 2020 recession, this summer has seen surprisingly high competition from homebuyers.
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Author: Carrie B. Reyes
Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.
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Foreclosure moratorium extended by FHA, Fannie Mae, Freddie Mac
HUD and the FHFA have announced an extension of the foreclosure moratorium for single family homes through the end of 2020.
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Will expiring CARES Act protections trigger a foreclosure wave?
Without legislation, the foreclosure moratorium will dam up the foreclosure inventory, to be released once the moratorium is lifted and the floodgates are opened.
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Homebuilding is key to the next recovery
This article discusses the importance of residential construction in California’s economy, and the special part it has to play in the recovery from the 2020 recession.
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