Daily Dose

Editor's note: This story originally appeared in the January edition of DS News.  COVID-19’s impact on the mortgage servicing industry has been unlike anything ever seen before, not just in the magnitude of the economic downturn, but also in its precipitousness.    ...

It has not been since 1986 that so few Americans have filed for bankruptcy. Legal services firm Epiq recently released both its December 2020 and annual bankruptcy filing statistics from its bankruptcy information services business, AACER—it showed 2020 had the ...

As home prices reach pre-recession levels, the value gap between communities of color and the typical American home remains pronounced, but the disparity is shrinking, according to a Zillow.com study. For Black- and Latinx-owned homes, values have long lagged behind ...

Editor's note: This story originally appeared in the January edition of DS News.  COVID-19 was the centerpiece of legal actions affecting the default servicing industry in 2020 and will likely be for at least the first several months of 2021. The pandemic resulted in a lengthy backlog of ...

A new report published by the Urban Institute’s Housing Finance Policy Center calling for a re-examination of how federal regulators oversee nonbank mortgage servicers. The report, titled “Improving the Safety and Soundness of Nonbank Mortgage Servicers Will Require More Than ...

A report shows forbearance activity at the highest level since early November, but nearly 270,000 forbearance plans are set to expire this week.

This latest RFI follows challenges that appraisers have faced over the past year, including the inability to perform on-site inspection during the COVID-19 pandemic.

Analysts suggest the incoming administration would do best to re-focus future efforts toward assisting landlords and mortgage holders rather than providing further moratoria extensions.

The Consumer Financial Protection Bureau (CFPB) announced, in a press release, the addition of both a Deputy Chief of Staff and an Assistant Director for the Office of Innovation. Ann Epstein will serve as the Assistant Director of the Office ...

Efforts at federal and local levels to help homeowners into forbearance rather than foreclosure have been enormously effective, according to economists, but the uncertainty and temporary nature of those protections leave the market at risk of a possible wave of ...