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.
Read More »Delinquencies on Pace for Return to Pre-Pandemic Levels
The numbers are in—this monthly report covers late payments, foreclosures, originations, affordability, and more.
Read More »Forbearances Fall With Job Market in Recovery Mode
With more Americans returning to the workforce, the number of homeowners in forbearance plans dropped for the 12th straight week.
Read More »First Mortgage Default Rates Slide in April
The economy is making progress and mortgage default rates are improving as an increasing number of homeowners exit forbearance plans.
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