Forbearance volume has dipped below the 3% mark for the first time since March 2020, despite a slight uptick in the number of Ginnie Mae loans in forbearance.
Read More »Forbearance Exits Jump to Quickest Pace Since March
he number of Americans currently in forbearance plans hit approximately 1.5 million homeowners this week, as forbearance volume dove 15 basis points from the previous week.
Read More »How the Moratorium’s End is Affecting Foreclosure Activity
Housing professionals have long been anticipating the response to the July 31 expiration of the federal moratorium on foreclosures. With August numbers coming in, analysts say there has indeed been a rise in foreclosure activity, but they do not expect ...
Read More »Zombie Properties Decline in Q3
One in four U.S. homes now sit vacant, down 3.7% from Q2’s totals according to a new study.
Read More »Foreclosure Rate Holds Steady
The end of the government moratorium could lead to a steady increase in default activity for the rest of the year, but not a surge, experts predict.
Read More »Delinquencies: Elevated But Declining
Economists predict "a robust economy and near-zero interest rates" will hold crises related to late mortgage payments at bay.
Read More »Court Finds Foreclosure Filing Fee Unconstitutional
Illinois judges ruled a $50 charge earmarked for prevention efforts violated free access, equal protection, due process, and uniformity clauses.
Read More »Increased Equity a Buffer for Struggling Borrowers
The home price surge led to a large increase in equity-rich households, and that could mean fewer foreclosures as forbearances expire.
Read More »Mortgage Professionals Face ‘Staggering’ Operational Challenges
Servicers confront complex instructions from regulatory agencies as they prepare for 1.2 million homeowners to exit forbearance plans in 2021.
Read More »FHA, FHFA Extend Eviction Moratoria Through September
The two agencies announced the renewal of protections for homeowners and tenants as a federal ban aiming to prevent a wave of homelessness expires this weekend.
Read More »
DSNews The homepage of the servicing industry
