As the market expected, the number of active forbearance cases significantly decreased for the second week in a row as the first wave of final plan expirations continues. According to Black Knight’s McDash Flash daily forebarance tracking dataset, active plans fell by another 10%, for an overall reduction of 143,000 since ...
Read More »Mortgage Delinquencies Retreat to Pre-Pandemic Levels
A recent analysis has found that delinquency rates 30 days or more past due are sliding, but nearly one million homeowners remain at least six months behind on payments.
Read More »From Crisis to Crisis
Candor Technology’s Founder and CEO Thomas Showalter looks at how the industry can best navigate capacity headwinds and overlapping crises.
Read More »Forbearance Exits Hit Highest Pace in More Than a Year
Click through to learn which factors are at play when it comes to current shifts in forbearance rates and exits.
Read More »Forbearance Exits Continue to Rise as Re-Entries Decline
The share of homeowners in forbearance continues to slide week-after-week, dropping this week to 2.89% of servicers’ volume, with nearly 1.4 million nationwide currently in plans.
Read More »FHA Reveals New COVID Forbearance Relief Options
New actions taken by the FHA will address the continued impact of the pandemic on individuals and families across the country at-risk of losing their home.
Read More »Mortgage Forbearance Volume Drops to 18-Month Low
Forbearance volume has dipped below the 3% mark for the first time since March 2020, despite a slight uptick in the number of Ginnie Mae loans in forbearance.
Read More »Payment Deferral: A Critical Loss-Mitigation Tool
Freddie Mac’s Kevin Palmer discusses ways in which the GSEs' Payment Deferral offering can go a long way in resolving COVID-19-related delinquencies (Sponsored Content).
Read More »Forbearance Exits Jump to Quickest Pace Since March
he number of Americans currently in forbearance plans hit approximately 1.5 million homeowners this week, as forbearance volume dove 15 basis points from the previous week.
Read More »The Week Ahead: Will Unemployment Uptick Slow Forbearance Exits?
The recent rise in Covid variant cases is again impacting the nation’s job force, with recent forbearance exits slowing their pace.
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