The largest rise was for portfolio and private label securities loans, due to increases in both Ginnie Mae buyouts and other PLS loans.
Read More »Servicers Brace for Forbearance Challenges
A complimentary DS News webinar examines what lies ahead for mortgage servicers as pandemic-fueled foreclosure and forbearance issues continue to hit the nation.
Read More »Loans in Forbearance Drop for Third Consecutive Week
With 2.6 million U.S. homeowners now in forbearance plans, a new report shows a continued slide as new forbearances drop to a survey low.
Read More »Active Forbearance Numbers Trending Upward
The number of active forbearance plans is on the rise, as a critical deadline looms where nearly 600,000 seriously delinquent borrowers near the end of their forbearance terms.
Read More »Foreclosures 2021: What to Expect in the Months Ahead
Not the Great Recession 2.0, but a critical challenge for default servicers.
Read More »Forbearance Volume Dips as Expirations Loom
How many homeowners remain in active forbearance plans, and how many of those continue remain current on their mortgage payments?
Read More »Forbearance Activity Ended 2020 on a Flat Note
New data published by the Mortgage Bankers Association (MBA) has determined the number of mortgages now in forbearance remained mostly flat at the tail end of December. According to the MBA’s latest Forbearance and Call Volume Survey, 5.53% of servicers’ ...
Read More »Possible Solutions for Borrowers Unable to Make Payments
Based on its recent research and panel discussions, the Urban Institute on Friday published "Three Ways to Help 3.2 Million Struggling Homeowners." The Institute has discovered that while some 3.7 million homeowners, as of November, had resumed mortgage payments and ...
Read More »A Week of ‘Strong Forbearance Improvement’
After declining by 5% last week, the number of mortgage loans actively in forbearance dropped again this past week, according to Black Knight, which calls the week of November 3-10 one of "strong forbearance improvement." "The decline was seen across ...
Read More »How the CFPB is Helping Homeowners Struggling with Payments
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 ...
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