FEMA Delivers Update on NFIP Progress
The new report details several areas of customer frustration related to the NFIP that warrant a systemic solution. The post FEMA Delivers Update on NFIP Progress appeared first on DSNews. [...]
Access to Mortgage Credit May Suffer
New analysis shows that banks are growing wary of borrowers entering forbearance, and could tighten lending standards. The post Access to Mortgage Credit May Suffer appeared first on DSNews. Source: [...]
Ben Carson Commends Investigation Into Landlord Sexual Harassment Complaints
“No one should have to endure sexual harassment and degrading treatment, especially to keep a roof over their heads," the HUD Secretary stated in response to the DOJ's initiative. The [...]
Unemployment’s Threat to Mortgages
Recent data indicates that mortgages could fall into delinquency if the relationship between unemployment and delinquency follows a similar pattern as the Great Recession. The post Unemployment’s Threat to Mortgages [...]
The Industry Pulse: New Partnerships and Market Updates
Also in this Industry Pulse, get the latest commentary on the mortgage industry response to COVID-19 and tech updates for servicers. The post The Industry Pulse: New Partnerships and Market [...]
DS5: How Servicers are Adapting Tech to the Crisis
In the newest episode of DS5: Inside the Industry, hear from William Case, President and Chief Executive Officer of American Mortgage Service Company and Ed DeMarco, President of the Housing [...]
Today’s Loan Forbearance May Be Tomorrow’s Market Confusion
Millions of borrowers are receiving quick financial relief from federal mortgage loan forbearance programs, but aligning federal agencies, servicers, and borrowers to resolve those loans and missed payments later may [...]
Lender Agrees to Pay $15.06M to Resolve Allegations
Accusations that Guaranteed Rate violated the False Claims Act date back more than a decade. The post Lender Agrees to Pay $15.06M to Resolve Allegations appeared first on DSNews. Source: [...]
Bracing for Household Debt Spikes
US household debt per capita, including mortgage debt, hit the all-time high in Q4 2019, but here's how many American loans were non-performing. The post Bracing for Household Debt Spikes [...]