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FHFA-Announces-Fannie-Maes-and-Freddie-Macs-Duty-to-Serve-Underserved-Markets-Plans-for-2021

FHFA Announces “Duty to Serve” Enterprise Plans

The Federal Housing Finance Agency earlier last week announced the latest versions of the government-sponsored enterprises’ underserved markets plans for 2021, which include opportunities ...
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Dealing With Rising Foreclosure Volumes After CARES Act

Even though the housing market was booming in 2020, high unemployment has meant millions of Americans are struggling to make mortgage payments. The CARES ...
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Three Themes for 2021– Mortgage Operations

Three Themes for 2021 – Mortgage Operations

2020 has been an amazing year for the mortgage industry, with rates hitting record lows. 2021 too is likely to see low rates with ...
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Lenders Should Know – Amendments to the Qualified Mortgage Rule

CFPB recently released rules that revamp and expand its standards for what counts as a Qualified Mortgage, swapping out an old debt-to-income limit and ...
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The Secrets of Mortgage Originators Who Flourished During the Pandemic

The Covid-19 pandemic forced most industries to innovate and find new ways to ensure business continuity. In response to social distancing measures and recommendations ...
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Optimizing Mortgage Processing Amid Pandemic

Optimizing Mortgage Processing Amid Pandemic

Mortgage processing is considered one of the most complex financial processes undertaken by banks and financial organizations. Several key challenges arise in such a ...
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Delinquencies Could Stay at Current Levels Until March 2022

According to Black Knight’s Mortgage Monitor report, 2.4 million out of 6.1 million homeowners who have been in COVID-19 related forbearance plans have exited. And ...
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5 Tips for Effective Mortgage Loan Processing

5 Tips for Effective Mortgage Loan Processing

Mortgage origination has all along been a human-intensive and time-consuming process where it takes 35 to 40 days to close a loan. Despite a ...
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Servicers Must Intensify Retention Efforts

Retention Blues: Servicers Must Intensify Retention Efforts

An old adage states that it is cheaper to retain an existing customer than to source a new one. For years, mortgage servicers have ...
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Mortgage Loan Modification – We Can save You Time & Money

Mortgage Loan Modification – We Can Save You Time & Money

It’s clear that the servicing industry is continuing to place a laser-like focus on improving and controlling the borrower experience when servicing loans. The ...
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3 Ways for Servicers to Tackle the Default Servicing Challenges

eBook: 3 Ways for Servicers to Tackle Default Servicing Challenges

The coronavirus pandemic has put mortgage servicers to the test, with record-low rates, skyrocketing unemployment, and rising delinquencies creating a surge in forbearance requests ...
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Limiting Mortgage Default Servicing Hassles in Turbulent Times

Limiting Mortgage Default Servicing Hassles in Turbulent Times

As per WSJ  reports, "the current recession has made it particularly hard to determine who is creditworthy: Millions of Americans are behind on their debts ...
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Tackling Challenges in Mortgage Loan Servicing – Ways to Do It

Mortgage loan servicing business is experiencing significant challenges due to the COVID-19 crisis. With a rise in defaults, driven by surging unemployment, servicers are ...
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Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market

Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market

Doug Duncan, the chief economist at Fannie Mae, says be ready to refinance because mortgage rates are going even lower. And top of that ...
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Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech

Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech

Mortgage delinquencies have surged more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the mortgage market and the ...
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Mortgage Operations Post-Lockdown: Things to Prepare for

Mortgage Operations Post-Lockdown: Things to Prepare for

As many businesses begin the slow process of returning to work and bringing employees back from remote working, there are many areas to think ...
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How Servicers Can Improve Processes in Mortgage Default Processing

How Servicers Can Improve Processes in Mortgage Default Processing

With the rise in forbearance volumes servicers, must rethink their mortgage default servicing operations and technology. Improving the mortgage loan servicing process will help ...
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Partnering Servicers to Support Their Loss Mitigation Efforts

Partnering Servicers to Support Their Loss Mitigation Efforts

With the COVID-19 pandemic severely hurting the economy and unemployment levels skyrocketing, many homeowners are struggling to keep up with their mortgage payments. To ...
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