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Tag Archives: COVID

The Cost of Doing Business

With factors ranging from low volumes to inflation and manpower shortages putting the squeeze on the property preservation and field services sectors, MortgagePoint speaks to the vendors, government agencies, and GSEs trying to guide this important industry through the challenges it faces.

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Foreclosures Have Likely Peaked for 2022

Foreclosure activity, up 98% year-over-year in November, “declined from last month, and lenders often put a moratorium on foreclosures during the holiday season,” according to ATTOM’s EVP of Market Intelligence, Rick Sharga.

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Q2 Mortgage App Fraud Slips

CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.

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Servicers Open the Lines of Communication

Michael Merritt of BOK Financial sat down with DS News to explain how the lessons learned from the financial crisis of 2008 smoothed a path of communication between servicers and their clients during the pandemic.

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