A panel of experts shared their ideas in a recent Legal League 100 webinar on how the servicing industry and regulators are assisting consumers with pandemic-related forbearance plans and options to keep more Americans in their homes.
Read More »Forbearance Levels Improve, But Plan-Expirations Loom Large
Forbearance levels are looking better across the board as volume decreases for all types of mortgage loans, according to the weekly report from Black Knight. Keeping with the strong trend of early-month improvements, overall volumes dropped by 61,000 or 2.7%. ...
Read More »The Week Ahead: Servicers Brace for the Future
The mortgage servicing industry’s top thought leaders converge with government reps for a Legal League 100 virtual gathering tackling the hot-button issues impacting the marketplace.
Read More »Calabria Discusses FHFA’s Living Will Rule
The Director says credible resolution plans ensure that, in a housing finance crisis, FHFA will be able to act quickly without exposing the financial system or taxpayers to additional risk.
Read More »House Committee Addresses Lending Equality
Congressional markup sees up two pieces of legislation drafted to advance racial and gender equity, and provide fairness for LGBTQ+ persons in housing and lending.
Read More »Is Chapter 7 Bankruptcy Broken?
According to the U.S. Courts website, the fundamental goal of the Federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts and provides for “liquidation” in a Chapter 7 filing—the sale of a ...
Read More »Ginnie Mae Reports Record MBS Issuance in April
Ginnie Mae’s mortgage-backed securities volume continues to soar in 2021, following another solid April report of $89.70 billion in volume.
Read More »Brian Montgomery & Colleagues Launch Gate House Strategies
Former HUD Deputy Secretary and FHA Commissioner joins four colleagues in new advisory venture targeting governmental and housing policy and programmatic compliance and litigation support.
Read More »CFPB Gauges COVID-Related Borrower Challenges
Two new reports measure what mortgage borrowers are experiencing with their lenders and servicers during the time of the pandemic.
Read More »FHFA Announces Rule to Address Post-Conservatorship Framework
New final rule advances the FHFA’s roadmap for an orderly resolution to preserve the housing marketplace in the event of a GSE collapse.
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