The Consumer Financial Protection Bureau (CFPB) has published a new report examining 16 large mortgage servicers responses to the COVID-19 pandemic. Collected between May and December 2021, data reveals that homeowners continue to face “significant risks and challenges” connected to ...
Read More »Fitch: RMBS Servicers Largely Weathered the Pandemic
Thirty-two of the 40 Fitch-rated RMBS firms have received “stable” ratings since being downgraded at the onset of the pandemic.
Read More »The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?
After 17 weeks of declines in the number of forbearance plans nationwide, the MBA announces its latest survey findings on Tuesday, as a strong June jobs report could send more out of plans and back onto the road to economic recovery.
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »CFPB Proposes Plan to Avoid Foreclosure Surge
The CFPB is suggesting a number of ways for the nation’s servicers to deal with a potential windfall of foreclosures as nearly 2.5 million homeowners prepare to exit forbearance plans.
Read More »Mortgage Servicers on the Wrong End of CARES Act
Here's how the structure of the mortgage assistance program in the CARES Act can increase the proportion of nonperforming loans and cause mortgage servicers to bear the cost.
Read More »Addressing Nonbank Servicer Liquidity Needs
The Housing Policy Council has released a statement describing the challenges of funding the CARES Act’s mortgage forbearance program and urging federal agencies to quickly announce liquidity support for nonbank mortgage servicers.
Read More »FHA Loans to be Focus of Next Webinar
Industry leaders from Equator, BSI Financial, and LoanCare will discuss the workings of FHA loans during DS News’ latest webinar, “A Step Ahead: Advances in FHA Modeling,” set for 1 p.m. CDT on Thursday, September 12. According to Altisoure’s “State ...
Read More »Making Housing Work for Vets
As the country celebrates 243 years of freedom, take a look at how the industry is helping the men and women on the wall who keep America safe and secure.
Read More »Bipartisan Bill Tackles Robocalls and Debt Collection
What do industry professionals need to know about the newly unveiled "Stopping Bad Robocalls Act"?
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