{"id":115338,"date":"2020-04-02T01:03:23","date_gmt":"2020-04-01T18:03:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chief-regulator-says-mortgage-bailout-is-on-the-honor-system-pleads-with-borrowers-to-be-honest\/"},"modified":"2020-04-02T02:07:13","modified_gmt":"2020-04-01T19:07:13","slug":"chief-regulator-says-mortgage-bailout-is-on-the-honor-system-pleads-with-borrowers-to-be-honest","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chief-regulator-says-mortgage-bailout-is-on-the-honor-system-pleads-with-borrowers-to-be-honest\/","title":{"rendered":"Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest"},"content":{"rendered":"


\nThe $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can’t pay.
\n
\nSource : cnbc.com
\nRead more…Chief regulator says mortgage bailout is ‘on the honor system’, pleads with borrowers to be honest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The $2 trillion stimulus package just signed into law states that borrowers need not provide...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115338","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-u0i","jetpack-related-posts":[{"id":116171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-bailout-swells-to-4-1-million-borrowers-but-demand-is-slowing\/","url_meta":{"origin":115338,"position":0},"title":"Mortgage bailout swells to 4.1 million borrowers, but demand is slowing","date":"May 8, 2020","format":false,"excerpt":"\r In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight.\r \r Source : cnbc.com\r Read more...Mortgage bailout swells to 4.1 million borrowers, but demand is slowing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fewer-borrowers-are-asking-for-mortgage-relief-but-that-could-change-with-bailout-improvements\/","url_meta":{"origin":115338,"position":1},"title":"Fewer borrowers are asking for mortgage relief, but that could change with bailout improvements","date":"May 15, 2020","format":false,"excerpt":"\r Borrowers are still piling into government and private lender mortgage relief programs, but the pace is finally slowing.\r \r Source : cnbc.com\r Read more...Fewer borrowers are asking for mortgage relief, but that could change with bailout improvements","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-mortgage-bailout-sees-biggest-one-week-decline-but-more-borrowers-are-extending-terms\/","url_meta":{"origin":115338,"position":2},"title":"Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms","date":"July 10, 2020","format":false,"excerpt":"\r The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire.\r \r Source : cnbc.com\r Read more...Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-3-million-borrowers-have-been-granted-mortgage-relief-and-the-industry-is-crying-for-help\/","url_meta":{"origin":115338,"position":3},"title":"Nearly 3 million borrowers have been granted mortgage relief, and the industry is crying for help","date":"April 17, 2020","format":false,"excerpt":"\r The government's coronavirus mortgage bailout has now swelled to nearly 3 million borrowers, and the expectation is that the numbers will multiply. Mortgage servicers are struggling to make up those payments to bondholders and are begging for a bailout.\r \r Source : cnbc.com\r Read more...Nearly 3 million borrowers have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chief-mortgage-regulator-working-on-plan-for-potential-spike-in-delinquencies-from-coronavirus\/","url_meta":{"origin":115338,"position":4},"title":"Chief mortgage regulator working on plan for potential spike in delinquencies from coronavirus","date":"March 17, 2020","format":false,"excerpt":"\r As the growing economic impacts of the coronavirus roll through the nation, some of the nation's largest mortgage lenders are already getting calls from borrowers, concerned they won't be able to make their monthly payments. Both government and independent regulators for the mortgage industry are now working on plans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-borrowers-risk-losing-homes-warns-watchdog\/","url_meta":{"origin":115338,"position":5},"title":"Interest-only borrowers risk losing homes, warns watchdog","date":"January 31, 2018","format":false,"excerpt":"\r Regulator says many of 1.67m mortgage holders face large shortfall with some ignoring problemThe City regulator has sounded an alarm about the \u201csignificant numbers\u201d of people with interest-only mortgages who may be in danger of losing their homes.The Financial Conduct Authority (FCA) said many interest-only borrowers could face a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115338"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115338"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115338\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}