Analysis detects a spike among all types of loans and reveals the characteristics most correlated to defaults. Click through to read more.
Read More »Loan Denial Rates Decline
The latest HMDA data reveal declines vary based on the borrowers’ demographic regions.
Read More »Avoiding Foreclosure at All Costs
New research highlights areas for improvement in HUD and FHA’s foreclosure prevention actions during the Great Recession with implications for the current market.
Read More »Fed Chair Discusses Administering Additional Stress Tests
Federal Reserve Chairman Jerome Powell talks about administering additional stress tests in response to the pandemic but assures members of the House the goal is not to raise capital requirements.
Read More »Two Congressional Bills Aim to Prevent Mass Evictions
Legislation introduced in the House and Senate aims to expand aid to struggling renters during the pandemic.
Read More »Legislation to Reverse CRA Changes Approved by House
Financial Services Committee Chairwoman Maxine Waters said the OCC’s rule would impact low-income and minority communities.
Read More »Servicers’ Concerns Over Forbearance Plans
A new survey details how COVID-19 has impacted the industry and what executives are saying about the pandemic’s effects.
Read More »Federal Agencies Propose Clarifications to Flood Insurance Rules
Five federal agencies aim to organize and clarify flood insurance requirements for lenders, servicers, and policyholders.
Read More »CFPB Temporarily Relaxes Some Loss Mitigation Standards
The Bureau released a new rule aimed at assuring servicers are not penalized for helping borrowers with pandemic-related hardships.
Read More »Forbearances Rise After Three Weeks of Declines
A report found an additional 79,000 loans went into forbearance plans, with servicers needing to pay more than $3 billion in GSE-backed loans.
Read More »