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Next Steps for Default Servicing

As fears of a recession grow, it would be prudent for everyone—servicers and regulators alike—to think hard about default servicing improvements and reforms. Source: DS News

Pace of Forbearance Exits Slows in September

The MBA reports that nationwide forbearance volume continues to drop, however the impact of Hurricane Ian may change that trend as servicers continue to report on the devastation from [...]

Q3 Home Price Growth Decelerates Sharply

As Fannie Mae predicted in the second quarter of 2022, home price growth decelerated sharply during the third quarter, which fell in-line with a sharp rise in mortgage rates, [...]

Homeowners Using HELOCs to Cut Housing Costs

According to Jon Giles, Head of Consumer Direct Lending at TD Bank, "Many Americans have more equity in their homes than ever before, and when used responsibly, HELOCs and [...]

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