Mortgage loan servicing business is experiencing significant challenges due to the COVID-19 crisis. With a rise in defau...
Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market
Doug Duncan, the chief economist at Fannie Mae, says be ready to refinance because mortgage rates are going even lower. ...
Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech
Mortgage delinquencies have surged more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the mortga...
Mortgage Operations Post-Lockdown: Things to Prepare for
As many businesses begin the slow process of returning to work and bringing employees back from remote working, there ar...
How Servicers Can Improve Processes in Mortgage Default Processing
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...