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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Mortgage forbearance requests surged 1896% during the second half of March
CNBC's Diana Olick reports how the rise of mortgage forebearance requests for the month of March and early April. Read Article
Your lender might let you miss a few mortgage payments. Three questions you should ask first
Lenders are allowing borrowers affected by the coronavirus pandemic to miss some of their mortgage payments. But there's more to this relief than meets the eye. What you should know. Read Article
Requests to delay mortgage payments jump nearly 2,000% as borrowers seek relief during coronavirus outbreak
Forbearance requests grew by 1,270% between the week March 2 and the week of March 16, and another 1,896% between the week of March 16 and the week of March 30, according to numbers released Tuesday by the Mortgage Bankers Association. Read Article
Mortgage industry sounds alarm over coronavirus mortgage bailout
CNBC's Diana Olick reports on mortgage and finance leaders putting out an urgent liquidity plea to federal regulators as they try to brace for fallout from the coronavirus pandemic. Dave Stevens, former FHA commissioner, joins the conversation. Read Article
Coronavirus mortgage bailout: 'There is going to be complete chaos,' says industry CEO
A broad coalition of mortgage and finance industry leaders sent a plea to federal regulators, asking for desperately needed cash to keep the mortgage system running. This, as requests from borrowers for the federal mortgage forbearance program are flooding in at an alarming rate. Read Article
Coronavirus crisis 'not an excuse'—real estate CEO says those who can should pay their rent
"Some people have lost their jobs, and it's our obligation to work with them," Related Companies CEO Jeff Blau told CNBC. Read Article
Related Companies' Jeff Blau on coronavirus crisis impact on real estate market
Related Companies CEO Jeff Blau joins "Squawk Box" to discuss the coronavirus impact on the real estate market. Related Companies oversees a $97 billion portfolio. Read Article
Mortgage industry on the brink of collapse
The mortgage market is on the brink of collapse as thousands of borrowers suddenly pour into the government bailout without any proof of any hardship. CNBC's Diana Olick reports. Read Article
Coronavirus hits commercial real estate in the UK as retailers fall behind on rent
The coronavirus pandemic is hitting U.K. commercial property hard, as retailers close for an indefinite period and shoppers remain locked down at home. Read Article
Next 45 to 60 days will be challenging for the commerical real estate industry: CBRE's Spencer Levy
Spencer Levy, CBRE head of research, joins 'Power Lunch' to discuss how the coronavirus pandemic will and is affecting the commercial real estate industry. Read Article