The number of Americans in stages of forbearance dips lower, a response to the addition of 850,000 jobs in the month of June.
Read More »The Exchange: Freddie Mac’s Kevin Palmer
DS News sat down with the SVP of Single-Family Portfolio Management to discuss the many options with which the GSE has provided homeowners throughout the pandemic.
Read More »A Tale of Two Exits
The key to creating successful forbearance exits and maximizing revenue is the use of new digital tools to track and support customers and gain real-time insights.
Read More »Rate of Forbearance Exits Slows
An improvement in overall economic conditions is allowing more homeowners to regain their pre-pandemic financial footing, with the share of loans in forbearance sliding for the 17th consecutive week.
Read More »Lower-Income Households Face ‘Pronounced Adversity’ As Moratoria Expire
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 ...
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »Putting Foreclosure Trends in Perspective
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.
Read More »Forbearance Exit Volume Continues to Grow
For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.
Read More »Mortgage Industry and Government Collaborate on Solutions
On Wednesday, Five Star’s one-day 2021 Government Forum: A Virtual Event brought together execs from the mortgage industry with governmental agency representatives to share ideas and insights about the future of the mortgage marketplace.
Read More »Forbearance Volume Dips With Uptick in Job Market
The number of U.S. homeowners in forbearance declined for the 14th consecutive week, with the Bureau of Labor Statistics reporting strong job gains in May as more exit their plans.
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