Loss Mitigation

The MBA reports that pandemic-related loss mitigation options have pushed forbearance levels lower, as mortgage performance remains strong with post-forbearance workouts increasing in March.

The 16 million vacant homes in the country aren’t just sitting there—a new study found they actively drive up nearby real estate prices and keep potential first-time buyers from entering the market.

Attorney William Scott Leaman discusses a recent foreclosure case in Ohio where the plaintiff’s motion for reimbursement was denied due to a lapse in time.

More and more homeowners are worried about making their mortgage payments as economic uncertainty—namely inflation—continues to swirl around the country, according to a new study from Brace.

About 600,000 homes were damaged in the April 4 severe weather outbreak that stretched from the Great Lakes to the Gulf of Mexico.

Mortgage subservicer has appointed Marlon Groen as its new Chief Compliance Officer, and has promoted Jennifer Rowen to the role of SVP, Core Operations.

The Annual Five Star Government Forum is set for April 11 in Washington, D.C., bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues.

Approximately 358,000 homes may have sustained damage from hail and/or tornadoes on March 31, according to the latest findings from CoreLogic.

CFPB has drawn up a policy statement that provides an analytical framework to assist federal and state agencies in holding companies accountable when in violation of the law.

The OCC’s latest Mortgage Metrics Report found that mortgage servicers nationwide initiated 9,166 new foreclosures in the fourth quarter of 2022, a decrease from Q3’s totals but a higher volume than recorded in Q4 2021.