With the GSE closing on these latest deals, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through its CIRT program to date.
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Homeowners Continue to Face Challenges After the Pandemic
“While many mortgage servicers are successfully assisting borrowers to avoid foreclosure, today's report highlights that some servicers are lagging their peers and are less well-equipped to assist borrowers who have exited pandemic housing protections,” said Rohit Chopra, CFPB Director.
Read More »Where Smaller Mortgage Servicers Dominate
Here's how smaller, rural-focused mortgage loan servicers compare to the larger players in delinquencies and loan volume.
Read More »U.S. District Court Hands Down Servicer Fee Decision
The question before the court was whether the least sophisticated consumer would have nonetheless understood the security agreement to obligate Prescott to pay such fees; the court held the answer to be no.
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