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.
Tag: Black Knight
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.
Black Knight ‘First Look:’ March Delinquencies First Sign of Coronavirus Impact
March is usually the strongest month of the year for mortgage performance, says Black Knight, Jacksonville, Fla. Not this year.
Black Knight: COVID-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests
Leading up to the coronavirus outbreak, said Black Knight, Jacksonville, Fla., the vast majority of mortgage performance metrics were at or near record levels. Now, says Black Knight Data & Analytics President Ben Graboske, the mortgage market has been turned upside down.
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.
Black Knight ‘First Look:’ Foreclosure Starts Lowest Level on Record; February Delinquencies Up Slightly
Black Knight, Jacksonville, Fla., said February foreclosure starts fell 25% from January and 20% from a year ago, reaching their lowest level on record since it began publicly reporting the metric in 2000.