Tim Anderson of Evolve Mortgage Services discusses the benefits of electronic loan modifications and the compliance steps necessary to adopt this technology.
Read More »Forbearance Exits Continue to Rise
The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance.
Read More »Upbeat Economy Brings Downturn in Forbearance Volume
With nearly 835,000 homeowners in forbearance plans, a recovering economy has hastened the pace of those entering permanent loan workout solutions.
Read More »Forbearance Exits Continue to Slow
The pace of forbearance exits continue to drop weekly as more homeowners reach the end of their 18-month terms and are successfully exiting into deferrals or loan modifications.
Read More »Clarifire Partners With Freddie Mac to Streamline Servicing Workouts
Workflow automation platform integrates with Freddie Mac’s Resolve to save mortgage servicers time and cost reduction in the workout decisioning process.
Read More »Forbearance Update: Declining Volumes as Agreements Expire
Boosted by a positive employment report, the number of homeowners in forbearance plans dropped yet again this week to 2.28% of U.S. households.
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 »The Challenges of Obtaining Mortgage Payment Assistance
What are the mortgage issues that vex borrowers the most? Here’s what CFPB’s snapshot on mortgage complains revealed.
Read More »Tallying Foreclosure Prevention Actions
In its latest report, the FHFA breaks down how the Fannie and Freddie have worked to help keep struggling homeowners get current and remain in their homes.
Read More »State of the Foreclosure Market
Here’s what an OCC report on the disclosure of mortgage loan data of some of the largest banks in the U.S. revealed about the number of foreclosures initiated by them.
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