Black Knight has announced that it has expanded its offerings to include home care from Househappy, an all-in-one application that enables homeowners to digitally track home maintenance information and schedule repairs and services from a list of pre-approved, vetted contractors. Househappy is being integrated into ...
Read More »Active Forbearance Numbers Continue To Drop
As the market expected, the number of active forbearance cases significantly decreased for the second week in a row as the first wave of final plan expirations continues. According to Black Knight’s McDash Flash daily forebarance tracking dataset, active plans fell by another 10%, for an overall reduction of 143,000 since ...
Read More »Strong Equity Stakes May Not Hold Off Foreclosure Starts
A new study has found that high-equity borrowers were more than 40% less likely to face the involuntary liquidation of their home. But will it be enough?
Read More »Forbearance Volume Milestone: Plans Dip Below 1.6M
The number of borrowers in COVID-19-related mortgage loan forbearance plans dipped below 1.6 million for the first time since the onset of the pandemic, according to the weekly report from Black Knight, whose data-analytics team has been tracking forbearance activity ...
Read More »Market Bracing for Wave of Forbearance Plan Expirations
The share of on-hold mortgages decreased the last week of August, but servicers face the real test, an anticipated 400k exits, in September.
Read More »Delinquencies Dip, Forbearance Rate Rises
The nonpayment rate inches toward pre-pandemic levels, while forborne portfolio and PLS loans drive a mid-month increase in debt deferred.
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 »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 »New CFPB Rules Drafted to Ease Surge in Foreclosures
With federal foreclosure protections just days away from being lifted, the CFPB has taken steps to facilitate a smooth transition to protect consumers and the overall American economy.
Read More »More Than 2 Million Borrowers Remain in Forbearance Plans
"We should all be expecting more activity one way or another as we near the 4th of July," analysts say.
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