A statement from the company states the structure of the facility has been “strongly supported” by investors.
Read More »The Price of Keeping People in Their Homes
New analysis looks at how much it would cost if nearly 12 million people need help paying their mortgages.
Read More »Coronavirus Could Halt Mortgage Payments
Click through to read what share of Americans with loans could stop paying them if the economy remains closed through the summer.
Read More »BofA CEO Talks Response to COVID-19
Brian Moynihan discussed what his bank is doing to help those impacted by the virus and mortgage forbearance programs.
Read More »Industry Responds to Record Unemployment
Adding to industry concerns such as servicer liquidity in the face of likely widespread forbearance needs and foreclosure moratoriums, this week's jobless claims include a blow to the housing sector workforce
Read More »Increase in Jobless Claims Leading to ‘Unknown Territory’
Despite programs to assist homeowners impacted by COVID-19, an economist said there will be an “extended period” of rising defaults.
Read More »HUD Announces Additional Homeowner Relief Measures
New guidelines include providing homeowners who have been impacted by COVID-19 with deferred or reduced payments for up to six months.
Read More »DS5: How Law Firms Are Assisting With Loss Mitigation
Dave Worrall of LoanCare and Mike Sullivan of Codilis and Associates share their insights in the latest edition of DS5: Inside the Industry.
Read More »CARES Act Could Help People Stay in Their Homes
Click through to read how the $2.2 trillion stimulus will help people remain financial stable during the COVID-19 outbreak.
Read More »DS5: How Servicers, Vendors Can be Better Prepared
Executives from Altisource and ServiceLink join DS News to share their knowledge during these uncertain times.
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