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Property News for 23 March 2020
Mortgage delinquencies could bankrupt servicers: MBA
CNBC - 23 Mar 2020 22:42
CNBC's Diana Olick reports on how the mortgage industry is also feeling the impact of the coronavirus outbreak.
Washington may protect your credit score if your number takes a hit during the coronavirus pandemic
CNBC - 23 Mar 2020 21:10
Proposals in both the Senate and House aim to prevent negative information from reaching credit reports. Here's how some emergency measures taken by consumers may impact their credit score.
Potential wave of mortgage delinquencies could bankrupt the payment system
CNBC - 23 Mar 2020 19:06
Mortgage bankers estimate that if a quarter of borrowers are granted loan forbearance for six months or longer, demands on servicers could exceed $75 billion and could climb well above $100 billion. That would easily ban...
Richard LeFrak on the state of real estate amid the coronavirus outbreak
CNBC - 23 Mar 2020 14:53
Billionaire businessman Richard LeFrak joins "Squawk Box" to discuss how his real estate business is managing the slowdown from the coronavirus outbreak.
WeWork board's special committee is demanding that SoftBank follow through with investment
CNBC - 23 Mar 2020 01:12
In an email on Sunday, the special committee to the WeWork board said that it's attempting to ensure that SoftBank complete its tender offer as promised.
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