According to the daily loan-level data on the Black Knight blog, the numbers of mortgages in active forbearance increased for the first time in six weeks. Those totals increased by 21,000 week-over-week. The spike was abetted mainly by a bounce ...
Read More »Forbearance Survey: Certain Borrowers ‘Disproportionately Impacted’
Fannie Mae and Freddie Mac loans in forbearance dropped while private loans and those owned by Ginnie Mae experienced an increase, according to the Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey. The total number of loans now ...
Read More »Could Home Price Surge Lead to Another Crash?
Even in the face of a pandemic, elevated unemployment, and a general nationwide recession, home prices have surged, researchers recently reported. “Prices are defying logic, expectations, and even belief, as they shoot up to record highs amid an unprecedented health and economic crisis,” ...
Read More »A Closer Look at Latest Forbearance Report
According to recent findings posted from Black Knight’s McDash Flash Forbearance Tracker, the number of mortgages in active forbearance stayed steady this past week, neither increasing or decreasing in any great way. Specific details released by Black Knight reveals a ...
Read More »How Many Mortgages Are Now in Forbearance?
The ongoing COVID-19 pandemic and expiration of expanded unemployment benefits continue to represent significant uncertainty for the weeks ahead, according to researchers.
Read More »Preparing for the End of Forbearance
Editor's note: This piece originally appeared in the August 2020 edition of DS News, now available. It’s not too late for mortgage servicers to prepare for the next pandemic-driven event—a likely rise in loan modifications and loss mitigation requests. Charles ...
Read More »Could Fears of ‘Foreclosure Tsunami’ Be Unfounded?
While more foreclosures may be inevitable, one economist suggests that this recession may be different from what has come before. Here's why.
Read More »‘Echo Wave’ of Forbearance Expirations Predicted
Black Knight reveals the number of active forbearance plans fell this last week, with more than 75% of loans that are currently in active forbearance facing extension plans. Black Knight, Inc., a leading provider of integrated software, data and analytics ...
Read More »FHFA Updates Timeline for Purchase of Qualified Loans in Forbearance
The Agency provided new guidance for its Borrower Protection Program, announcing an extension for the purchase of qualified loans in forbearance
Read More »Update: Mortgage Delinquency Trends
With the economy still reeling, how are delinquency and forbearance rates changing? Click through for the latest data.
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