Tag Archives: Loss Mitigation

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. 

The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.

Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.

Celebrating 20 years of operations, CRFS discusses its operations as it continues to navigate the post-default segment of the residential mortgage industry.

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.

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.

Allocation of federal funds to benefit disaster-stricken regions in 10 states covering 15 separate major disasters.

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.

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.

With nearly 835,000 homeowners in forbearance plans, a recovering economy has hastened the pace of those entering permanent loan workout solutions.