Industry Briefs

Black Knight, Jacksonville, Fla., said its McDash Flash Forbearance Tracker, as of May 19, reported 4.75 million homeowners – or 9.0% of all mortgages – have entered into COVID-19 mortgage forbearance plans. Active forbearance volumes increased by just 93,000 over the past week, a more than 70% decline from the 325,000 from the first week of May.

Housing Finance Roundup

This week has produced more housing finance reports than you can shake a stick at. Here’s a roundup and summary of what’s happening of reports from Ellie Mae; ATTOM Data Solutions; Redfin; Radian Inc.; TransUnion; Black Knight; Zillow; and PayNearMe.

Industry Briefs – May 21, 2020

ACES Risk Management (ARMCO), Denver, released ACESXPRESS for Early Payment Defaults to bolster lenders’ existing audit programs in light of the recent increases in required monthly EPD audit volume.

Industry Briefs

Essent Guaranty Inc., Radnor, Pa., and Cloudvirga, Irvine, Calif., announced an integration in which Cloudvirga will offer Essent’s products and services.

Industry Briefs

Ginnie Mae, Washington, D.C., issued All Participants Memorandum 20-05 (APM 20-05), announcing expansion of its Issuer assistance programs in response to the coronavirus pandemic.

Industry Briefs

IndiSoft, Columbia, Md., launched The Homeowner Connect to help servicers communicate effectively with borrowers who need loss mitigation help during the COVID-19 crisis.

Industry Briefs

Black Knight, Jacksonville, Fla., released a white paper that provides an in-depth evaluation of the impact the extended disruption of the COVID-19 pandemic may have on the housing and mortgage industries.