Mortgages that are in active forbearance plans continue to fall in January, led by FHA/VA plans. According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...
Read More »The Exchange: Mike Rawls, CEO, Xome
DS News sat down with Xome’s CEO to discuss such hot-button topics as the current state of the industry and the auction process.
Read More »GSE Forbearance Exits Reach Slowest Pace Since August
Forbearance exits trickled below 1%, as the share of total loans in some stage of forbearance fell to 2.15% nationwide.
Read More »Forbearance Plan Volume and Exits Slow Their Pace
As many approach the 18-month mark since entering forbearance plans, the number of exits has diminished, with overall volume changing little over the previous week.
Read More »New CFPB Rules Drafted to Ease Surge in Foreclosures
With federal foreclosure protections just days away from being lifted, the CFPB has taken steps to facilitate a smooth transition to protect consumers and the overall American economy.
Read More »Putting Foreclosure Trends in Perspective
In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.
Read More »The Week Ahead: Tech to Aid in the Servicing Surge
On Wednesday, April 7, the latest in the DS News Webinar Series, “How Rapidly Changing Technology Can Benefit Your Operations,” will be presented by a panel of experts in the tech sector. Set for 1:00 p.m.-2:00 p.m. CDT, the Speridian Technologies-sponsored Webinar will examine the latest tech trends and how they ...
Read More »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 of GSE loans in forbearance plans totaled 1.04 million by ...
Read More »Share of Mortgages in Forbearance Drops
The decline is attributed to a recovering economy and an improved labor market.
Read More »Mortgage Delinquencies Rise 20% in May
New data suggests loan delinquencies could improve just as half of forbearance plans expire, requiring review from servicers.
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