As pandemic forbearance plans continue to expire, borrowers are continuing to choose loan modifications and other repayment options going forward. According to Fitch Ratings’ fourth-quarter 2021 Residential Mortgage Backed Servicer Metric Report, servicers reported a decline in loan modifications from ...
Read More »The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends as borrowers continue exiting forbearance.
Read More »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.
Read More »Forbearance Portfolio Volume Slides for 21st Straight Month
The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.
Read More »Rising to the Occasion
From regulatory scrutiny to the changing needs and preferences of borrowers, mortgage servicers have a lot on their plate in 2022. A pair of recent Five Star webinars examined the best ways forward.
Read More »Pace of Forbearance Exits Reaches New Low in January
Despite the overall national forbearance rate nearing the 1% mark, the rate of forbearance exits reached another low since MBA began tracking exits in June 2020.
Read More »ServiceMac to Begin Servicing Homepoint’s Loans
New partnership will allow Homepoint to channel its resources towards its origination channels, product offerings, and enhancement of the broker-partner experience.
Read More »Loan Mod Volume Climbs as Forbearance Exits Continue
In its latest servicer report, Fitch Ratings reports forbearance plans experiencing a near 50% year-over-year drop, while the percentage of loan modifications has quadrupled.
Read More »Forbearance Activity Begins to Tick Upward
The economic recovery that has occurred since the pandemic began has been nothing short of amazing, but the latest data shows that forbearance activity is beginning to pick up. According to Black Knight’s McDash Flash daily mortgage performance dataset, which ...
Read More »What 2022 Holds for the Forbearance and Foreclosure Landscape
In a recent DS News-hosted webinar, housing experts discuss delinquency, strategies around exiting forbearance, and the projected status of the housing market for 2022.
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