In this edition of DS5: Inside the industry, Michael Greenbaum, COO of Safeguard Properties; Jim Pike, who is the VP of Operations for Xome; Denia Ray, the SVP of MSI, an Insight One Solutions company; and Timika Scott, the SVP of U.S. Bank discuss the challenges brought on by the COVID-19 pandemic.
Read More »Balancing the Mortgage Servicing Process
John Vella, Chief Revenue Officer of Altisource, spoke with DS News on some of the financial challenges facing lenders, servicers, and their vendor partners as COVID-19 hits businesses.
Read More »OCC Discusses Meeting Servicer Needs
In the Comptroller of the Currency's testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, he outlined how the OCC was providing banks greater flexibility to meet the needs of the households and businesses that depend on them.
Read More »How Digitization Can Smooth the Forbearance Process
In a new Aspen Grove Solutions white paper, “Digital Borrower Engagement….A Critical Tool for the Post-Forbearance Tidal Wave,” the authors model the impact of COVID-19 on default servicing volumes over the next 18 months or more.
Read More »DS5: Conservatorship’s Next Steps
In this episode of DS5: Inside the Industry, Thomas Wade, Director of Financial Services Policy for the American Action Forum discusses the next steps for Fannie Mae and Freddie Mac.
Read More »Prepping for a Delinquency Spike
The latest data on delinquencies are low, but experts predict a change in course soon.
Read More »Brian Montgomery Confirmed as Deputy HUD Secretary
"During this unprecedented pandemic, he has been by my side every step of the way as we have implemented policies to protect Americans across the country," said Secretary Ben Carson.
Read More »More Americans Expect to Miss Mortgage Payments
According to new data from the New York Fed, more homeowners predict their household income will continue to drop.
Read More »OCC Addresses Liquidity and Forbearance Issues
Click through to find out what the Office of the Comptroller of the Currency's plan for servicers and lenders is beyond the coronavirus pandemic.
Read More »Ginnie Mae Issues $63.81B in MBS
Ginnie Mae has hit an all-time record in MBS issuance. Here's how many homeowners these securities provide financing for.
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