Tag Archives: Loss Mitigation

After getting her start on the legal side of the industry, Jane Kennedy brings 20-plus years of default management and loss mitigation experience to her new role with national mortgage services provider.

In the case of Sheen v. Wells Fargo Bank, the California Supreme Court ruled that borrower negligence claims can be limited. Attorney Jonathan D. Fink of Wright, Finlay & Zak, LLP discusses the importance of this decision.

As the CFPB swings into full enforcement mode with loss mitigation underway, Meghan Jones-Rolla of Mortgage Connect discusses how the industry is handling the Bureau’s mandate of “unprepared is unacceptable.”

Under terms of the new deal, Black Knight customers will have access to Covius’ array of loss mitigation and modification agreement solutions.

As many pivoted during the pandemic managing their workforce, Steven Mowers of Claims Recovery Financial Services explains how CRFS met these challenges to craft a more diverse and inclusive culture. 

The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.

Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.

Celebrating 20 years of operations, CRFS discusses its operations as it continues to navigate the post-default segment of the residential mortgage industry.

Despite the overall national forbearance rate nearing the 1% mark, the rate of forbearance exits reached another low since MBA began tracking exits in June 2020.

According to a new report by Fitch Ratings, as forbearance programs expire and borrowers transition into other loss mitigation programs, servicers should be wary of customer complaints and regulatory oversight.