Loss Mitigation

The number of homeowners in forbearance plans tailed off yet again this week, as strong employment numbers and a growing economy are landing more back on solid financial footing.

A recent DS News webinar found that a positive byproduct of the pandemic was the formation of a more well-rounded team, as more niche workers became educated on the complete lifecycle of real estate.

The end of the government moratorium could lead to a steady increase in default activity for the rest of the year, but not a surge, experts predict.

Strong July jobs numbers point to more homeowners exiting forbearance plans in the coming months, as the number of homeowners in plans slides yet another week.

Some 340,000 COVID-related plans are slated for extension or removal this month, say researchers tracking weekly loan performance stats.

Illinois judges ruled a $50 charge earmarked for prevention efforts violated free access, equal protection, due process, and uniformity clauses.

The home price surge led to a large increase in equity-rich households, and that could mean fewer foreclosures as forbearances expire.

A new study found that in the second quarter of 2021, less than five million U.S. households did not make their rent or mortgage payments—an improvement over Q1’s totals.

The collaboration between CoreLogic and One Concern addresses escalating climate threats through the use of artificial intelligence technologies.

After continued declines in the share of forbearance plans, totals this week nearly plateaued, with many homeowners still in need the relief provided.