Tag Archives: CARES act

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

MBA reports the overall forbearance rate in June nearly plateaued, with just a four-basis-point month-over-month decline, as approximately 405,000 homeowners in the U.S. remain in forbearance plans.

Some borrowers exiting forbearance are turning to Chapter 13 bankruptcy to save their homes. Attorney Alan S. Wolf explains why forbearance doesn’t always play well with bankruptcy.

Subject-matter experts who attended this year’s Five Star Conference break down the trends and challenges they are facing as we approach 2022.

The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place following the declaration of the coronavirus pandemic. The announcement left ...

In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.

Kurt Johnson has been promoted by Mr. Cooper Group to the roles of Executive Vice President, and Chief Risk and Compliance Officer, drawing upon his 20 years of industry experience.

The House Financial Services Committee will host a virtual hearing to discuss measures taken by the federal government to combat COVID-19. Here’s what else is happening in The Week Ahead.

Overall delinquency rates were highest in Hawaii and Nevada. Click through to learn how else the industry landscape has changed according to the latest CoreLogic data.

The pandemic, along with the economic downturn it has caused, leaves homeowners across the country struggling to meet their mortgage payments. This has put more pressure on the Consumer Financial Protection Bureau (CFPB) to find ways of helping homeowners who ...