Virus Impact On R.E and Notes

Published: Tue, 06/16/20

Hi ,

In this edition of our e-newsletter, I'm sharing some articles related to the impacts COVID-19 has had on the real estate and mortgage industries.

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Real Estate News

Fannie, Freddie Extend Ban on Evictions, Foreclosures

The FHFA ban on evictions and foreclosures applies only to properties with government-backed mortgages. That covers about 70% of all home loans.

Vacation rental owners nationwide are dealing with the impact of the coronavirus while their properties sit empty.

Application fraud is growing in residential rental markets since the Chinese virus began making headlines, according to a new analysis from Snappt, a real estate tech and fraud detection company.

Housing demand was strong at the start of the year but significantly declined as the COVID-19 pandemic set in. Economists are noticing the sudden uptick as buyers reenter the market.

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Virus Impact On R.E and Notes

Fannie, Freddie Extend Ban on Evictions, Foreclosures

Vacation rental owners say there’s ‘no light at the end of tunnel’ amid coronavirus

Chinese Virus Sparks Rise In Rental Fraud

Mortgage Applications Defy Forecasts, Up 54% Since April