REO

Under terms of newly issued Mortgagee Letter, the nation’s supply of affordable housing will be expanded, increasing homeownership opportunities for low- and moderate-income homebuyers.

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.

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.

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.

Michael Merritt of BOK Financial sat down with DS News to explain how the lessons learned from the financial crisis of 2008 smoothed a path of communication between servicers and their clients during the pandemic.

DS News chatted with Marissa Yaker of Padgett Law Group on how navigating loss mitigation requirements during the pandemic opened up new channels of communication for the industry.

Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.

Celebrating 20 years of operations, CRFS discusses its operations as it continues to navigate the post-default segment of the residential mortgage industry.