Industry Briefs June 16, 2020

To help limited English proficiency borrowers who are experiencing mortgage-related difficulties due to the coronavirus national emergency, the Federal Housing Finance Agency added new translations to the Mortgage Translations website. Site visitors can now choose English, Spanish, traditional Chinese, Vietnamese, Korean, or Tagalog when accessing scripts that servicers use when discussing COVID-19 forbearance with borrowers.

Industry Briefs June 3, 2020

The Federal Housing Finance Agency released its latest report on the sale of non-performing loans by Fannie Mae and Freddie Mac. The report shows that, through December 31, 2019, the Enterprises sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion.

Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency

Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.

Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency

Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.

Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency

Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.

Residential Briefs

Black Knight Inc., Jacksonville, Fla., launched Regulatory Assist, designed to help clients streamline the compliance-testing process and make compliance validation easier and quicker.