As many pivoted during the pandemic managing their workforce, Steven Mowers of Claims Recovery Financial Services explains how CRFS met these challenges to craft a more diverse and inclusive culture.
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 »The Week Ahead: Five Star Webinars Address Return of Foreclosures
Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.
Read More »Most Valuable Company Profile: Get to Know Claims Recovery Financial Services
Celebrating 20 years of operations, CRFS discusses its operations as it continues to navigate the post-default segment of the residential mortgage industry.
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 »Non-Bank Mortgage Servicers Should Expect Increased Regulator Scrutiny
According to a new report by Fitch Ratings, as forbearance programs expire and borrowers transition into other loss mitigation programs, servicers should be wary of customer complaints and regulatory oversight.
Read More »HUD Releases $2 Billion-Plus for Disaster Recovery and Loss Mitigation
Allocation of federal funds to benefit disaster-stricken regions in 10 states covering 15 separate major disasters.
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 »The Week Ahead: Getting Ahead of Pandemic Loss Mit Challenges
Next Friday, DS News and Aspen Grove Solutions will present a new loss-mit webinar featuring speakers from the Housing Policy Council, Selene Finance, and ServiceMac.
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.
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