Blog

Update for Lenders Looking to Close Mortgage Loans Electronically

Ginnie Mae announced a major step in modernizing its platform, allowing so-called “digital collateral” or electronic promissory notes and other loan files as collateral ...
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What Lenders Can Do to Clear Conditions Faster

The housing market is currently witnessing a major surge, thanks to record-low mortgage rates. According to the Mortgage Bankers Association’s seasonally adjusted index, mortgage ...
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Foreclosure Prevention Actions Helping Troubled Homeowners

I think the last 2-3 months has seen a big change in the mortgage industry with low-interest rates and the pandemic. Who would have ...
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Mailbox Can Streamline Default Operations for Servicers

The mortgage industry has been deeply impacted by the Covid-19 pandemic. Black Knight reported that nearly 4.1 million homeowners are in forbearance programs, representing ...
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Lending and Servicing in a New World – Navigating the Changing Landscape

Lenders and Servicers need to stay abreast of market changes, understand them well, and adapt their business practices to suit the new normal. While ...
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Mortgage Loans in Forbearance Rising Rapidly – What Can Servicers Do to Manage the Deluge?

The Mortgage Bankers Association's (MBA) in a recent release revealed that the total number of loans now in forbearance increased to 7.91% of servicers' ...
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Appreciating Our Covid-19 Hero – Viju Davis

Covid-19 has officially been designated a pandemic by the World Health Organization (WHO). Originating from Wuhan, the coronavirus has affected every person and place ...
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No Lump Sum Required at the End of Forbearance, as per FHFA

In a recent article, the Federal Housing Finance Agency (FHFA) has confirmed that borrowers in forbearance with a Fannie Mae or Freddie Mac (the ...
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FHFA Purchasing Loans in Forbearance that Were Previously Ineligible

Enterprises to Purchase Qualified Loans in Forbearance to Keep the Lending Flowing

Earlier this week, Federal Housing Finance Agency (FHFA) in a release, announced that enterprises will purchase qualified loans in forbearance to keep the lending ...
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Ways for Servicers to Manage COVID-induced Delinquencies

The ongoing coronavirus pandemic is posing a significant challenge. Experts are not in a position to quantify or project the delinquency numbers, as per ...
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Extending Loan Servicing Support to Servicers in View of COVID-19 Situation

Extending Loan Servicing Support to Servicers in View of the COVID-19 Situation

Servicing loans is much more than retaining a portfolio and collecting payments; it’s about meeting the evolving needs of your customers and delivering an ...
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Committed to Our Clients, Employees and Community – A Note from Our President, Sam Verma

The last few weeks have been very distressing, with all the news related to the Covid-19 pandemic. I hope you are staying safe and ...
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Amid COVID-19 Crisis, How Our Proactiveness Ensured Business Continuity

Amid COVID-19 Crisis, Our Proactiveness Ensured Business Continuity

COVID-19 has brought in a difficult situation for all of us and everyone can feel the impact all around. As the virus continues to ...
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How can Lenders Benefit from Disruptive Business Models

How Lenders Can Benefit from Disruptive Business Models

The process of mortgage origination is time-consuming and intensive. It is in the best interest of lenders to work with mortgage processing partners who ...
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Amid Coronavirus Fears – Things to Do to Avoid Delays in Loan Processing

As the world grapples with the Coronavirus pandemic, businesses everywhere are finding ways to deal with uncertain times. The mortgage sector is no exception ...
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