CoreLogic Expects a ‘Reduced Flow of Homes’ to Delinquent Status
CoreLogic’s monthly Loan Performance Insights report for October shows that on a national level, 6.1% of mortgages were in some stage of delinquency (30 days or...
Percentage of Loans in Forbearance Ends the Year Flat
The Mortgage Bankers Association's most recent Forbearance and Call Volume Survey shows that the total number of loans now in forbearance remained unchanged relative...
Foreclosure Activity Hits Record Low as Moratoriums Remain in Place
Despite seasonal headwinds, mortgage delinquencies improved for the sixth consecutive month in November, falling to 6.33% of all loans, down from 6.44% in October,...
SLK Global Solutions Expands Mark Ramsey’s Role as VP of Business Development
Mark Ramsey has been promoted to an expanded role as vice president of business development at SLK Global Solutions, a provider of technology-enabled platform...
Mortgage Delinquency Rates Nearly Double What They Were a Year Ago
The U.S. mortgage delinquency rate in September stood at 6.3%, up substantially since September 2019 when it was 3.8%, according to CoreLogic.
Still, overall delinquency...
LERETA Acquires Wolters Kluwer’s Flood Determinations Solution
LERETA, a provider of national real estate tax and flood services, has acquired the Flood Determinations Solution from Wolters Kluwer Governance, Risk & Compliance...
Share of Mortgages in Forbearance Fell Despite Increase in New Requests
After increasing for two straight weeks, the share of mortgages in COVID-19-related forbearance plans fell to 5.48% of servicers' portfolio volume during the week...
Core Logic: Delinquency Numbers Remain Stubbornly High
CoreLogic’s Loan Performance Insights report for September 2020 show that nationally, 6.3% of mortgages were in some stage of delinquency (30 days or more past...
Share of Mortgages in Forbearance Holding Steady
After increasing the previous two weeks, the share of mortgages in COVID-19-related forbearance plans held steady during the week ended November 29, at 5.54%,...
Mr. Cooper in Hot Water with the CFPB
The Consumer Financial Protection Bureau (CFPB) has filed a complaint and proposed a stipulated judgment and order against Nationstar Mortgage LLC, which does business...
Black Knight: ‘Mortgage Servicers Continue to Struggle to Retain Customers’
The latest Mortgage Monitor Report from the Data & Analytics division of Black Knight Inc. shows that an unpleasant byproduct of the lending frenzy throughout most of this year...
American Property Guard Expands Coverage to All 50 States
American Property Guard (APG), a LERETA company, recently expanded coverage of tax certificates for title companies, mortgage originations and servicers to all 50 states.
The...
FHFA Extends Foreclosure and REO Eviction Moratoria
The Federal Housing Finance Agency (FHFA) says Fannie Mae and Freddie Mac have been directed to extend their moratoria on single-family foreclosures and real...
Share of Mortgages in Forbearance Increased for Second Straight Week
The share of mortgage loans in COVID-19-related forbearance plans increased for a second straight week during the week ended Nov. 22, according to the...
Altisource Rolls Out Program for Short Sales, Equity Sales
Altisource Portfolio Solutions has debuted its Signature Seller Assisted Sale program – a solution designed to help borrowers who are unable to meet retention...
ServiceLink Hires Ryan Vogt as VP, National Sales Representative
Ryan Vogt recently joined ServiceLink as vice president, national sales representative for both origination and default clients.
Vogt has 13 years of client-centered sales and...
MBA: 2.7 Million Homeowners Still in Forbearance Plans
According to the Mortgage Bankers Association's (MBA) Forbearance and Call Volume Survey for the week ending November 15, 2.7 million homeowners are in forbearance...
Rate of Default For First Mortgages Dropped in October
The rate of default for first mortgages dropped to 0.35% in October, down from 0.46% in September and down from 0.77% in October 2019,...
Freddie Mac: Mortgage Forbearance Helped Many Homeowners Avoid Default
Without mortgage forbearance, many homeowners may have defaulted or been forced to sell their homes during the COVID-19 pandemic, research from Freddie Mac shows.
These...
More Than Three Quarters of Forbearance Plans Now in Extension
The share of mortgages in COVID-19-related forbearance plans fell to to 5.47% of all loans as of November 8, as homeowners continued to exit...
