With the rise in forbearance volumes servicers, must rethink their mortgage default servicing operations and technology....
Partnering Servicers to Support Their Loss Mitigation Efforts
With the COVID-19 pandemic severely hurting the economy and unemployment levels skyrocketing, many homeowners are strugg...
Update for Lenders Looking to Close Mortgage Loans Electronically
Ginnie Mae announced a major step in modernizing its platform, allowing so-called “digital collateral” or electronic pro...
What Lenders Can Do to Clear Conditions Faster
The housing market is currently witnessing a major surge, thanks to record-low mortgage rates. According to the Mortgage...
Foreclosure Prevention Actions Helping Troubled Homeowners
I think the last 2-3 months has seen a big change in the mortgage industry with low-interest rates and the pandemic. Who...
Mailbox Can Streamline Default Operations for Servicers
The mortgage industry has been deeply impacted by the Covid-19 pandemic. Black Knight reported that nearly 4.1 million h...
Lending and Servicing in a New World – Navigating the Changing Landscape
Lenders and Servicers need to stay abreast of market changes, understand them well, and adapt their business practices t...
Mortgage Loans in Forbearance Rising Rapidly – What Can Servicers Do to Manage the Deluge?
The Mortgage Bankers Association’s (MBA) in a recent release revealed that the total number of loans now in forbea...
Appreciating Our Covid-19 Hero – Viju Davis
Covid-19 has officially been designated a pandemic by the World Health Organization (WHO). Originating from Wuhan, the c...
No Lump Sum Required at the End of Forbearance, as per FHFA
In a recent article, the Federal Housing Finance Agency (FHFA) has confirmed that borrowers in forbearance with a Fannie...