Share of Mortgages in Forbearance Continues to Fall
The share of mortgages in COVID-19-related forbearance plans decreased to 5.29% of all loans during the week ended Feb. 7, as new requests for...
Bank Taps Black Knight Tech to Help Expand Servicing Operations
Arvest Bank, a financial institution with operations in Arkansas, Oklahoma, Missouri and Kansas, has contracted to use Black Knight Inc.'s suite of servicing and...
MBA: Q4 2020 Drop in Delinquency Rate Was Largest in History
According to the Mortgage Bankers Association's (MBA) latest National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a...
MassHousing Extends Servicing Technology Relationship with Sagent
MassHousing has inked a three-year partnership extension with fintech company Sagent to continue using its loan servicing platform.
Sagent’s LoanServ, a real-time system of record,...
MBA: Wells Fargo Tops List of Commercial Mortgage Servicers
The Mortgage Bankers Association (MBA) has released its year-end ranking of commercial and multifamily mortgage servicers' volumes as of Dec. 31, 2020.
At the top...
CoreLogic: Since August, ‘Consistent Decline’ in Loans 90+ Days Past Due
CoreLogic’sLoan Performance Insights report for November 2020 shows that on a national level, 5.9% of mortgages were in some stage of delinquency (30 days or...
Flat Branch Home Loans Deploying Black Knight Technologies
Flat Branch Home Loans is implementing several of Black Knight Inc.’s servicing solutions, including its MSP loan servicing system and Servicing Digital solution, an interactive mobile...
Black Knight: Moratoriums Are Likely Giving ‘A False Sense of Security’
The latest Mortgage Monitor Report from Black Knight Inc.’s Data & Analytics division suggests that as the final expiration date for many forbearance plans approaches at...
MBA: Rate of Exits from Forbearance at Slowest Pace in Months
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance as of January 24...
Verity Global Solutions Hires Ashok Radhakrishnan as EVP and Global Chief Delivery Officer
Ashok Radhakrishnan has joined mortgage outsourcer Verity Global Solutions as executive vice president and global chief delivery officer.
Radhakrishnan has more than 30 years of...
Forbearance Requests Rise for Portfolio/PLS Loans, Drop for GSEs
As of January 17, the total number of loans in forbearance totaled 5.38%, representing a small increase from 5.37% the week prior, according to...
Mortgage Delinquencies Fell in December as Moratorium Storm Looms on Horizon
Mortgage delinquencies continued to fall in December, Black Knight’s First Look report shows, but mortgage performance is far from what is was pre-pandemic.
What's more,...
Share of Mortgages in Forbearance Dropped During Second Week of January
The share of residential mortgages in forbearance decreased to 5.37% of servicers’ portfolio volume as of January 10, down from 5.46% in the prior...
ATTOM: Foreclosures Low in 2020, But a Backlog Is Awaiting
The Year-End 2020 U.S. Foreclosure Market Report from ATTOM Data Solutions shows that foreclosure filings were reported on 214,323 U.S. properties during the year, which...
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...