Forbearance rose to prominence during the COVID-19 pandemic, but does it still have a place in today’s economy? Click through to read commentary from the Joint Center for Housing Studies at Harvard University.
Read More »Highlighting Servicer Success and the Utilization of Loss Mitigation Technology
While nationwide home prices and average costs of living continue to rise, a new case study from Black Knight highlights servicer success using self-service loss mitigation technology to connect with and engage borrowers in times of financial distress.
Read More »FHFA Publishes Q3 Foreclosure Prevention and Refinance Report
According to the FHFA’s Q3 2022 Foreclosure Prevention and Refinance Report, the Enterprises completed 69,362 foreclosure prevention actions within the quarter, helping troubled homeowners nationwide to stay in their homes.
Read More »Snapshot: How GSE Programs Have Helped Homeowners Since 2008
The FHFA’s latest 2022 Foreclosure Prevention and Refinance Report breaks down Agency data ranging from foreclosures and REOs to forbearance and mortgage performance.
Read More »Delinquencies Still Well Below Pre-Pandemic Levels—When Will That Change?
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for August 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate fell to 2.79% ...
Read More »FHA Commissioner Works Towards Affordable Housing Amid Extraordinary Conditions
In a new interview, Julia Gordon, the FHA’s newest commissioner, discusses the task of getting people into affordable housing and keeping them there, suggesting changes to FHA-backed auction sales and asking lenders for help to avoid foreclosure in times of trouble.
Read More »Altisource Poised to Assist Servicers and Borrowers Post Forbearance
The service provider’s new program aims to help borrowers avoid foreclosure through its Signature Seller Assisted Sale program.
Read More »Forbearance Rates Experience Biggest Weekly Drop Since Pandemic Began
This marked the first time since mid-April that the total number of forbearance plans were below the 3 million level. Here's what factors are in play.
Read More »Big Four U.S. Banks Report Widespread Loan Deferral
As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear.
Read More »Interesting Trends in Forbearance
As borrowers continue to make payments on time, the first quarter saw serious delinquencies shrinking for the 19th consecutive quarter. Here’s what impacted this otherwise declining trend.
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