Under terms of the new deal, Black Knight customers will have access to Covius’ array of loss mitigation and modification agreement solutions.
Read More »Number of Loans in Forbearance Approaches the 1% Mark
After peaking at 4.3 million at the height of the pandemic in June 2020, nearly two years later, an estimated 525,000 U.S. homeowners remained in forbearance plans in March.
Read More »FHA Finalizes Details on 40-Year Mortgage Mod
Geared toward borrowers struggling due to the pandemic, FHA details the latest loss mitigation option to help homeowners remain in their homes.
Read More »Preserving the Property Preservation Space
Kerry Medel of Brookstone Management discusses the impact of the pandemic on field servicing, and how the industry not only kept people in their homes but also put more people in homes.
Read More »RMBS Modifications and Repayments Increase Post-Forbearance
As pandemic forbearance plans continue to expire, borrowers are continuing to choose loan modifications and other repayment options going forward. According to Fitch Ratings’ fourth-quarter 2021 Residential Mortgage Backed Servicer Metric Report, servicers reported a decline in loan modifications from ...
Read More »The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends as borrowers continue exiting forbearance.
Read More »FHFA Suspends Foreclosures on Borrowers Who Applied for HAF Assistance
New announcement will require servicers with GSE-backed mortgages backed to delay the foreclosure process for up to 60 days.
Read More »Working Toward Equity and Sustainability
Sandra L. Thompson, Acting Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs.
Read More »Getting Borrowers Back on the Road to Recovery
John Lawrence of Selene Finance sat down with DS News to discuss the priorities of mortgage servicers on the other side of COVID-19.
Read More »How Remote Bidding Technology Empowers Local Community Developers
Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions.
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