A group of elected officials slept outside the Capitol this weekend, urging their counterparts to take action to prevent mass evictions ahead of their scheduled recess.
Read More »Mortgage Professionals Face ‘Staggering’ Operational Challenges
Servicers confront complex instructions from regulatory agencies as they prepare for 1.2 million homeowners to exit forbearance plans in 2021.
Read More »FHA, FHFA Extend Eviction Moratoria Through September
The two agencies announced the renewal of protections for homeowners and tenants as a federal ban aiming to prevent a wave of homelessness expires this weekend.
Read More »Servicers Pivot to Keep Borrowers at the Forefront
A recent DSNews webinar broke down the role servicers have played in keeping Americans in their homes over the past year, and how the industry has benefitted from the experiences over the past year moving forward.
Read More »Forbearance Rate Slows to 3.48% of Servicers’ Volume
The number of Americans in forbearance plans declined slightly last week, yet marked the 21st straight week of declines for this metric.
Read More »The Week Ahead: Prepping for the Forbearance Moratoria Expiration
A new DS News webinar will examine the predicted flood in federal evictions and foreclosures following the end of moratoria, and how the industry will pivot to handle the volume that it will bring.
Read More »HUD Announces Modified Recovery Options for Homeowners
Federal Housing Administration officials say streamlining a waterfall of loss mitigation tools will "help bring homeowners' mortgages up to date and keep people in their homes."
Read More »Grants Announced for Fair Housing Enforcement Organizations
The Department of Housing and Urban Development will distribute funds to advocacy groups investigating pandemic-related discrimination.
Read More »Default Rates Continue to Drop
Default rates continue to decline as pandemic-related financial distress across the country continues to ease for homeowners.
Read More »Forbearance Exits Heat Up
For the 20th consecutive week, the share of homeowners in forbearance plans declined as more return to the workforce and the economic continues to exhibit signs of recovery.
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