Loss Mitigation

Under terms of the new deal, Black Knight customers will have access to Covius’ array of loss mitigation and modification agreement solutions.

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.

Geared toward borrowers struggling due to the pandemic, FHA details the latest loss mitigation option to help homeowners remain in their homes.

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.

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 ...

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.

New announcement will require servicers with GSE-backed mortgages backed to delay the foreclosure process for up to 60 days.

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.

John Lawrence of Selene Finance sat down with DS News to discuss the priorities of mortgage servicers on the other side of COVID-19.

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.