The pandemic brought with it a surge of forbearances, as the CFPB cracked down on servicer regulation as many of the nation’s homeowners struggled.
Read More »A Tale of Two Exits
The key to creating successful forbearance exits and maximizing revenue is the use of new digital tools to track and support customers and gain real-time insights.
Read More »The Week Ahead: Servicers Bracing for a Wave of Forbearance Exits
An upcoming DS News-hosted webinar will discuss concerns and solutions that servicers have about ensuring a smooth transition for homeowners soon exiting their forbearance plans.
Read More »Servicers Keep Ahead of Potential Foreclosure Wave
The servicing industry is preparing for massive volume once foreclosure moratoria are lifted, and a recent DS News-hosted Webinar took a closer look at the past year and what lies ahead.
Read More »Fannie Mae Honors 31 Partners for Servicing Excellence
Fannie Mae’s STAR Program was established to recognize outstanding performance in the servicing sector as 31 of the nation’s top mortgage servicers were recently honored for their accomplishments.
Read More »CFPB Temporarily Relaxes Some Loss Mitigation Standards
The Bureau released a new rule aimed at assuring servicers are not penalized for helping borrowers with pandemic-related hardships.
Read More »Increasing Productivity for Mortgage Servicers
Single sign-on, which is an authentication process for employees, can also help reduce IT costs. Click through more information.
Read More »Mnuchin: Current Plans Sufficient to Fund Mortgage Servicers
The Secretary of the U.S. Treasury Department said “we’re not looking at a Fed facility," citing recent measures by Ginnie Mae and the FHFA, and also addressed nonbank servicers.
Read More »Leading Dems Seeking Funds for Servicers
A letter from the House Financial Services Committee said, “We must not allow the pandemic to destabilize critical markets, including our housing market
Read More »5th Circuit Affirms Dismissal of Servicing Violations Suit
Here’s why the 5th Circuit Court recently upheld a District Court decision to dismiss a suit for alleged violations of certain servicing requirements under RESPA.
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