Loss Mitigation

An upcoming DS News webinar will examine how the servicing industry is working with a new crop of clients preparing to exit forbearance plans as they regain their financial footing.

A recent Legal League 100 Spring Servicer Summit examined the journey servicers and regulators will be embarking on when the foreclosure moratoria are lifted.

Non-traditional law firm specializing in mortgage defaults welcomes new head of operations with 30-plus years of experience.

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.

In our latest Most Valuable Companies profile, executives from Claims Recovery Financial Services explain how the company has adapted to the new default and servicing landscape, utilizing its nationwide remote workforce.

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%. ...

Following a five-week streak in improvement when it comes to mortgage forbearance volumes across the country, the data team at Black Knight reports not only the sixth week of declining activity but also the largest dip in six months. In ...

The decline over the month of March represents the healthiest monthly rate of improvement since the end of last November.

Considering recently revised FHFA terms, and the 620,000 active plans still listed with March month-end expirations, researchers say they'll be watching the numbers closely over the next few weeks.

The forbearance report from Black Knight's McDash Flash Forbearance Tracker showed the largest week-over-week decline in forbearance activity since early January. Active plans dropped by 77,000 overall in the week ending Tuesday, March 9. As of that date, 2.6 million ...