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preREO Connects Investors with Distressed Real Estate

preREO has launched a new platform, prereo.com, to connect real estate investors with lenders and servicers to access opportunities with distressed properties.

Share of Mortgages in Forbearance Dips Slightly

The share of mortgages in COVID-19-related forbearance plans decreased slightly last week to 8.47% of all loans, down from 8.48% the previous...

Foreclosures Continued to Fall in May as Mortgage Delinquency Rate Spiked

As was expected due to the COVID-19 crisis, the U.S. mortgage delinquency rate jumped 20% in May compared with April and was...

CFPB Issues IFR on Loss Mit Options for Recovering Homeowners

The Consumer Financial Protection Bureau has issued an interim final rule (IFR) that will make it easier for consumers to transition out...

GSEs Prevented Nearly 30k Foreclosures in Q1 2020

The Federal Housing Finance Agency (FHFA) has released its first-quarter 2020 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and...

ServiceLink Puts EXOS Inspect App into Borrowers’ Hands

Mortgage technology and services company ServiceLink has released its EXOS Inspect app, which gives lenders the ability to allow borrowers to complete...

Black Knight: Delinquencies at Highest Level Since 2011

Black Knight Inc.’s analysis of month-end May 2020 mortgage performance statistics shows that another 723,000 homeowners became past due on their mortgages...

Share of Mortgages in COVID-19 Forbearance Plans Rises to 8.55%

The share of mortgage loans in COVID-19 forbearance plans increased to 8.55% as of June 7, according to the Mortgage Bankers Association.

Mortgage Delinquencies Remained Near All-Time Lows in March

The U.S. mortgage delinquency rate remained near its historical low in March, rising just 1% compared with February but falling 0.4% compared...

Number of Mortgages in Forbearance Falls For First Time Since Crisis Began

The total number of mortgages in COVID-19-related forbearance plans decreased for the first time since the crisis began during the week ended...

Agencies Issue Guidance to Mortgage Servicers Regarding Handling of Forbearance Plans

The Consumer Financial Protection Bureau (CFPB) and the Conference of State Bank Supervisors (CSBS) have issued guidance to mortgage servicers regarding the...

Ginnie Mae Loans Continue to Carry Heavy Share of Forbearance

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the percentage of loans now in forbearance increased to...

ServiceLink Taps Former Freddie Mac VP for Servicing Role

ServiceLink has appointed Yvette Gilmore as its senior vice president of servicing product strategy, responsible for developing ServiceLink's products and services that...

Rate of Borrower Forbearance Requests Slows Down

The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans now in forbearance increased...

ATTOM Analysis Points to 1.5 Million Vacant Properties

ATTOM Data Solutions’ second-quarter 2020 Vacant Property and Zombie Foreclosure Report shows that 1.5 million residential properties in the U.S. are vacant,...

Nearly Half of Borrowers in Mortgage Forbearance Plans Made Their April Payments

Roughly 4.75 million mortgages - representing a little over $1 trillion in unpaid principal - were in COVID-19 forbearance plans as of...

Share of Mortgages in COVID-19 Forbearance Plans Continues to Grow

The share of mortgages in COVID-19 related forbearance plans increased to 8.36% during the week ended May 17, according to the Mortgage...

Brace Receives Approval for No-Action Letter Template

Loss mitigation platform provider Brace says the Consumer Financial Protection Bureau (CFPB) has granted its application for a No-Action Letter Template, which...

FHFA: Homeowners in COVID-19-Related Mortgage Forbearance Plans ‘Will Not Be Penalized’

Homeowners whose mortgages are backed by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and who have entered into mortgage forbearance plans...

MBA: Share of Mortgages in Forbearance Plans Now Exceeds 8%

More than 8% of mortgages are now in COVID-19-related forbearance plans, according to the Mortgage Bankers Association.The MBA’s...

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