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Forbearance Volumes Down From Peak

GSE loans

Forbearances continued to decline, modestly, from May's pandemic-related peak, according to data from Black Knight’s McDash Flash Forbearance Tracker, which showed forbearance volumes fell by 11,000 from the prior week. "This was the result of larger declines among GSE loans ...

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A Confluence of Events

flooding

Editor’s note: this piece originally appeared in the October edition of DS News. Hidden deep in the news on July 22 was the report that Tropical Storm Gonzalo was forecast to become a hurricane. That same day, it was reported that a tropical depression was slowly gaining strength ...

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DS5: COVID-Prompted Innovations Prove Profitable

DS5 logo

In this week’s DS5: Inside the Industry, Xome CEO Mike Rawls discusses how COVID-19 has changed the way his company conducts business. Rawls leads "a high-performing group of 1,800 Xomies (aka Xome team members)" with a focus on technology, finance, and ...

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A Community Blight Nightmare?

Editor's note: This piece originally appeared in the October issue of DS News. Lessons learned from past recessions tell us that neighborhood blight can lower surrounding property values and create havens for crime and illegal activity. Abandoned homes can also ...

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Stimulus Could Help Keep American Economy ‘Afloat’

money in the pocket

A couple of articles published this week on Axios.com, a provider of technology, economy, and political news, take a lesser-seen optimistic approach to matters including a recent report about millions of Americans missing mortgage and rent payments and news about ...

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CFPB Addresses Regulating Consumer Access to Financial Data 

The Consumer Financial Protection Bureau (CFPB) has issued an advance notice of proposed rulemaking (ANPR) requesting input on regulating consumer access to financial records.  With the ANPR, the CFPB is looking for suggestions on how the agency could most efficiently and effectively develop ...

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Explaining September’s Existing-Home Sale Surge

Existing-home sales in September "soared," according to a report Thursday from National Association of Realtors (NAR). An existing home in September sold for a median price of $311,800, a 14.8% gain compared with September of last year. That's one takeaway ...

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