Truist pledges $50 million in COVID-19 relief effort

Financial services company Truist announced today that it will commit an additional $25 million as part of its Truist Cares initiative, now totaling $50 million. Truist Cares was launched earlier this year as a response to the COVID-19 pandemic, with funding to target underserved community segments, providing resources for small

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Here’s how to help homeowners with forbearance questions

Who could have predicted a year ago how the coronavirus (COVID-19) global pandemic would cause such social and economic uncertainty? According to this recent economic forecast, the housing market faces its greatest challenge in over a decade as large swaths of the U.S. economy shut down to battle the COVID-19

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Americans are returning to the housing market, mortgage data shows

Applications for mortgages to purchase homes gained for the fifth consecutive week while refinancings dropped, the Mortgage Bankers Association said in a Wednesday report. MBA’s seasonally adjusted index measuring purchase applications rose 6% last week, according to the report. Applications for refinancings fell 6% from the prior week, though the

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