REO Sales Moving Online
With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate. The post REO Sales Moving Online [...]
With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate. The post REO Sales Moving Online [...]
IMPACT 20/20 will include critical conversations on response, reaction, and assistance to ensure the industry is ready to lend the proper support the next time a natural disaster strikes. [...]
Also in the Week Ahead, get the latest from industry experts in DS5: Inside the Industry. The post The Week Ahead: The Virtual LL100 Servicer Summit appeared first on [...]
Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred a portion of the credit risk on $1.6 trillion in mortgages. The post Freddie [...]
The loans in forbearance account for $890 billion in unpaid principal and includes 6.4% of all GSE-backed loans and 11% of all FHA/VA loans. The post 7.7% of Mortgage [...]
Tightening mortgage standards are due in part to Fannie Mae and Freddie Mac agreeing to buy loans in forbearance. The post Mortgage Industry Shifting Its Standards appeared first on [...]
The U.S. economy lost 20.5 million jobs in April and the unemployment skyrocketed to 14.7%, according to the U.S. Bureau of Labor Statistics (BLS). The unemployment rate rose from [...]
Also in this Industry Pulse, get the latest on new tech and partnerships in mortgage servicing. The post The Industry Pulse: Mortgage Leaders Donate for COVID-19 Assistance appeared first [...]
With several pillars of support set to expire, including forbearance programs, here's why the U.S. could hit another economic slump. The post Preparing for Another Economic Downturn appeared first [...]
Analysis by the Milken Institute says the private-label residential mortgage-backed security sector must come together on a uniform set of guidelines for borrowers impacted by COVID-19. The post White [...]