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Foreclosure

Assisting Homeowners Coming Out of Forbearance

Stanley Middleman, CEO, Freedom Mortgage, spoke with DS News on how the industry can assist borrowers and the differences in the last two economic downturns. This story originally appeared in the July edition of DS News.

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Rising Tides of Economic Hardship

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Increasing forbearance rates are challenging servicers to keep up with concerns ranging from compliance to staffing to the use of subservicers. Editor's note: This story originally appeared in the June edition of DS News.

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Mortgage Forbearances Down by 57,000

At the most recent level, mortgage servicers need to advance a combined $3. 4 billion a month to holders of government-backed mortgage securities on COVID-19-related forbearances.

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