‘Troubling Trends’ Could Result in Increased Forbearance Activity
New data published by the Mortgage Bankers Association (MBA) has tracked a slight increase in the number of mortgages now in forbearance. According to the MBA’s latest Forbearance and Call [...]
Housing Advocates Applaud Stimulus Deal
A $900 billion economic relief package approved by the House and Senate includes several provisions for which housing advocates have been pressing, including an extension of the CDC's eviction moratorium [...]
Delinquency Report Reflects ‘Critical Situation’
The latest First Look mortgage loan performance data report from Black Knight Inc. on the state of mortgage delinquencies offered glimmers of hope mixed with statistics that point to continued [...]
Where Americans Are Most At Risk of Losing Homes
American homeowners and lenders, despite widespread foreclosure bans and forbearance programs, eventually will face a reality that could include a surge of foreclosures and evictions. Some areas of the country [...]
FHA Extends Foreclosure Moratorium, Expands Forbearance Options
The Federal Housing Administration (FHA) and HUD announced, a few weeks following FHFA's similar announcement, the fourth extension of its foreclosure and eviction moratorium through February 28, for homeowners with [...]
A ‘Paradigm Shift For The Better’ in Real Estate
The COVID-19 crisis changed every aspect of American life. The property/financial-data analysts at CoreLogic examined how, specifically, the pandemic affected real estate and the housing economy in 2020 and how [...]
Finding Ways to Communicate with Consumers Remotely
In the latest episode of DS5’s Inside the Industry, we speak with Candace Russell, VP of Post Sale at Carrington. She provides insight into the complexities of forbearance and how [...]
Mortgage Servicing Industry Mourns Loss
Kelly Conley, a 20-year veteran in the default servicing industry, the Founder and Principal of KAC Advisory, and contributor to DS News, among many other things, died unexpectedly on December [...]
Q3 Shows Signs of Effective Foreclosure Prevention Actions
The government-sponsored enterprises (GSEs) completed 539,451 foreclosure prevention actions during the third quarter of this year, according to new data from the Federal Housing Finance Agency (FHFA). The total number [...]