Following rules implemented by the CFPB, the FHFA has taken action to further shelter homeowners from foreclosure and eviction actions by mandating increased consumer protections.
Read More »Rate of Forbearance Exits Slows
An improvement in overall economic conditions is allowing more homeowners to regain their pre-pandemic financial footing, with the share of loans in forbearance sliding for the 17th consecutive week.
Read More »Lower-Income Households Face ‘Pronounced Adversity’ As Moratoria Expire
The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place following the declaration of the coronavirus pandemic. The announcement left ...
Read More »More Than 2 Million Borrowers Remain in Forbearance Plans
"We should all be expecting more activity one way or another as we near the 4th of July," analysts say.
Read More »Senate Hearing Addresses Flood Insurance
A panel examined mitigating flood risk through the National Flood Insurance Program and new pricing methodology as a result of Risk Rating 2.0.
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »Forbearance Exit Volume Continues to Grow
For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.
Read More »Number of Underwater Homes Took a Dip in Q1
Double-digit home price growth has driven down negative equity, as a new report has found that just 2.6% of all mortgaged properties are underwater nationwide.
Read More »Delinquencies Hit Lowest Rate Since Start of Pandemic
The mortgage loan delinquency rate for March 2021 reportedly hit its lowest since March one year prior, when side effects of the global pandemic were just starting to drag down the U.S. economy. March was a month that included the ...
Read More »Forbearance Volume Dips With Uptick in Job Market
The number of U.S. homeowners in forbearance declined for the 14th consecutive week, with the Bureau of Labor Statistics reporting strong job gains in May as more exit their plans.
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