EIDL Program is reopened for Independent contractors to receive assistance
Many independent contractors missed out on the first EIDL assistance. Please see below for helpful information on how to apply. |Jun 15,...
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Amy Sessner
- Jun 4, 2020
- 2 min
#Servicer's of Federally backed Loans must grant Forbearance for two 180-day periods if needed
Great news for homeowners with Federally backed loans. CARES Act originally provided for 180 days for homeowner assistance Forbearance...
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Amy Sessner
- Jun 3, 2020
- 2 min
Coronavirus relief bill could change unemployment benefits
Self employed were not previously reported in the weekly jobless rates until end of May 2020. 2.4 million workers applied for...
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Amy Sessner
- Jun 3, 2020
- 10 min
#Can't pay your bills?
With Pandemic unemployment more than $43 million people, that is 1 in 4 people filing for unemployment benefits in the last 10 weeks. We...
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Amy Sessner
- May 29, 2020
- 2 min
#All time low Mortgage Rates
Federal Reserve is helping to stimulate home sales by lowering mortgage rates and buying back mortgage backed securities. Great news for...
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Amy Sessner
- May 28, 2020
- 1 min
#2.1 Million more jobless workers applied for unemployment
You are not alone 2.1 million U.S. workers sought jobless aid last week. To date we have 41 million who have applied. By ASSOCIATED...
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Amy Sessner
- May 26, 2020
- 3 min
#Refinance after Forbearance
This is great news for Federally Backed Loans. Homeowners are able to refinance their loans after their Forbearance period ends once...
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Amy Sessner
- May 26, 2020
- 2 min
Freddie Mac answers your questions on Forbearance for Federally Backed Loans
Relief for Federally Backed Loans. Freddie Mac has outlined the Forbearance collection process for Mortgage Loan Servicer's and their...
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Amy Sessner
- May 26, 2020
- 3 min
Freddie Mac online resources for homeowners and rental properties
Freddie Mac Announces Online Resources to Help Consumers New digital tools help consumers know their options and get help May 26, 2020...
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Amy Sessner
- May 20, 2020
- 3 min
#COVID19 Frequently asked questions
Mortgage Bankers Association has put together frequently asked about COVID19 and the forbearance process and what to ask your loan...
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Amy Sessner
- May 16, 2020
- 2 min
4.7 Million Mortgages in Forbearance
The emergency aid package package passed by Congress allows Homeowners affected by COVID19 to request that their Loan Servicer set up...
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Amy Sessner
- May 15, 2020
- 2 min
#Relief for Federally Backed Mortgage Loans in Forbearance
Great news for Federally Backed Mortgage Loans from Freddie Mac and Fannie Mae. This article announces that relief is offered as of July...
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Amy Sessner
- May 15, 2020
- 2 min
#Moratorium extended to June 30th
Welcome news for the 36.5 Million filing jobless claims. Mortgage Fannie Mae, Freddie Mac, HUD extend foreclosure and eviction freeze...
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Amy Sessner
- May 14, 2020
- 3 min
Fannie Mae COVID19 Payment Deferral
May 13, 2020 Fannie Mae Announces COVID-19 Payment Deferral Provides Important Information about Post-forbearance Repayment Options to...
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Amy Sessner
- May 13, 2020
- 2 min
#What will credit reports show after COVID19 Forbearance?
Great Article by Kathleen Howley. Mortgage Forbearance is a necessity at this time for millions of American's. Under the CARES Act the...
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Amy Sessner
- May 6, 2020
- 3 min
#COVID19 Mortgage Myths! Missed Payments are not forgiven or waved
Mr. Cooper clears up the Mortgage Myths. Mr. Cooper like most of the major mortgage loan servicer's responded to the COVID19 stay at...
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Amy Sessner
- May 3, 2020
- 4 min
Quicken Loan FAQ
Great resources for Quicken loans clients impacted by COVID19 on who should apply? What is a Forbearance? What happens when the...
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Amy Sessner
- May 1, 2020
- 1 min
Selling or Buying a home during the pandemic
Nerdwallet article says yes you can buy and sell a home with the following helpful tips Tips for buying or selling a home now: ·...
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Amy Sessner
- Apr 30, 2020
- 2 min
When do I get my economic impact payment?
Everyone needs this question answered if they have not yet received the economic impact payment directly deposited in their bank account....
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Amy Sessner
- Apr 30, 2020
- 6 min
COVID19 Q&A Penny Mac Loan Services, LLC
From the Penny Mac Loan Services website. COVID19 mortgage assistance and links for their customers As COVID-19 (Coronavirus) continues...
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