There are many changes to keep up with as a result of the COVID-19 pandemic, you don't want to be left behind. Next week, join DS News for a complimentary webinar that addresses the best practices in forbearance agreements, including mortgage compliance and business strategy for all residential mortgage servicers, attorneys, interested government parties, and service providers supporting the industry.
Speakers for this presentation will include:
- Moderator: David Wharton, Managing Editor, DS News & MReport
- John Dunnery, VP – Government Loan Servicing, Bayview Loan Servicing, LLC
- Deborah J. Grissom, Senior Director, Treliant, LLC
- Ellen Rose, Senior Director, Treliant, LLC
- Courtney Thompson, SVP Default Mortgage, Flagstar Bank
- Sharon Zuniga, SVP, Default Operations, ServiceMac
The webinar, presented by Treliant [1], is scheduled for Wednesday, May 13 at 1:00 p.m. CDT. You can register for this complimentary webinar here. [2]
Forbearance requests have begun to slow, according to data from Black Knight [3], but there is a risk of May-related forbearance activity changing that trajectory.
As Black Knight Data & Analytics President Ben Graboske explained, the rate at which American homeowners have been seeking mortgage forbearances began to slow from the middle of April forward, and Black Knight will monitor this trend to see if it continues.
As of April 30, more than 3.8 million homeowners are now in forbearance plans, representing 7.3% of all active mortgages, according to the latest data from Black Knight. Together, they account for $841 billion in unpaid principal and includes 6.1% of all GSE-backed loans and 10.5% of all FHA/VA loans.
Hear from leading experts and discover everything you need to know regarding the forbearance process, meeting regulatory requirements without challenges, and preparing for the upcoming modification wave at the end of the period. Speakers include Deborah J. Grissom, Senior Director, Treliant, LLC, and Ellen Rose, Senior Director, Treliant, LLC.