Tag Archives: Loss Mitigation

Fannie Mae has announced the deal in efforts to downsize its mortgage portfolios, including the company's twentieth Community Impact Pool.

COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce.

An upcoming Five Star Institute webinar will discuss the industry’s usage of a national digital signing platform, as the nation’s mortgage industry continues to push the digital envelope.

An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Mortgage loan subservicer adds veterans Adam Saab, Adam Wood, Jason Schmidt, and Jessica Sharp to bolster its default management operations.

MBA reports the overall forbearance rate in June nearly plateaued, with just a four-basis-point month-over-month decline, as approximately 405,000 homeowners in the U.S. remain in forbearance plans.

The recent Legal League 100 Servicer Summit in Dallas brought together the nation’s top financial services law firms under the same roof as leading mortgage servicing executives to discuss default policies, procedures, and issues with leading mortgage servicing executives.

Breaking down communication barriers during the loss mitigation process is key for any servicer. Amy Neumann of Flagstar discusses how to establish and maintain these vital lifelines with struggling borrowers.

Is your default servicing operation ready for the looming storm? Dru Jacobs of ADFITECH details how to prepare to deal with the impact of an impending crisis.