The company is evaluating potential increases in servicer advance levels and servicing costs based on increased borrower delinquency levels, among other factors that could affect its liquidity and financial [...]
Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers. The [...]
Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected. The post The COVID-19 [...]
In The Week Ahead, get insights on how business is being done in the age of COVID-19, and what regulators are doing to assist homeowners, lenders, and servicers in [...]
On May 6, join industry leaders at the virtual he Mortgage Industry Pandemic Summit to disciss the major operational challenges facing mortgage and real estate companies and the financial [...]
Brian Moynihan discussed what his bank is doing to help those impacted by the virus and mortgage forbearance programs. The post BofA CEO Talks Response to COVID-19 appeared first [...]
Adding to industry concerns such as servicer liquidity in the face of likely widespread forbearance needs and foreclosure moratoriums, this week's jobless claims include a blow to the housing [...]
In the April issue of DS News, hear from servicers and other subject-matter experts on the Fannie Mae and Freddie Mac's history, the stakes involved, and the challenges ahead. [...]
A new white paper discusses how new programs and changes introduced in the CARES Act will affect the servicing process. The post New White Paper: Mortgage Servicers Bracing for [...]
The Camp Fire and Tubbs Fire destroyed thousands of structures, but a rise in building permits since the fires point to recovery in the communities affected. The post California [...]
