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Loss Mitigation

Loan Mods and Liquidation Decline

Loan modifications and liquidation continued to decline in the first quarter of 2018, according to a housing finance snapshot giving a breakdown of how defaults and delinquencies have performed. Here are some other findings of this report.

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The Future of Credit Risk Transfers

raining money credit risk

Rising interest rates and declining volumes leave the GSEs with little room to expand their credit risk transfer transactions. However, CRTs may have room to grow elsewhere in the market.

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National MI’s Bradley Shuster Named USMI Chairman

USMI

As Chairman of USMI, Bradley Shuster plans to continue to champion the role of private insurance in facilitating low down payment lending and protecting taxpayers against mortgage risk.

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How Do Non-prime Loans Help Underserved Borrowers?

Underserved Borrowers

Rick Sharga, EVP, Carrington Holdings explains the key difference between the subprime loans issued prior to the Great Recession that led to defaults and today’s non-prime loan products that are unlocking homeownership potential for underserved borrowers.

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Ocwen Borrower Outreach Focused on Foreclosure Avoidance

borrower outreach

The servicer has announced three borrower outreach events designed to help families in the New York metropolitan area who are struggling to make their mortgage payments. Click through to learn more details about these events.

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2018 Hurricane Storm Surge Damage Could Top $1 Trillion

hurricane storm surge

After last year’s damaging storm season, a new report looks ahead to the potential damages that could unfold this year from hurricane storm surge. Click through to learn where the risks are highest in 2018.

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Sen. Schumer Calls for Flood Insurance Reform

flooding

With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...

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