The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed the number of loans now in forbearance increased from 6.99% of servicers’ portfolio volume in the prior week to 7.54% as of April 26. According to MBA’s estimate, a total of 3.80 million homeowners are now in forbearance plans.
Tag: Mike Fratantoni
MISMO Launches Initiative to Apply Digital Mortgage Standards to Loan Modification Process
MISMO, the Mortgage Industry Standards Maintenance Organization, seeks industry participants to join its initiative of applying digital mortgage standards, guidelines and best practices to the loan modification process.
MISMO Launches Initiative to Apply Digital Mortgage Standards to Loan Modification Process
MISMO, the Mortgage Industry Standards Maintenance Organization, seeks industry participants to join its initiative of applying digital mortgage standards, guidelines and best practices to the loan modification process.
Fed Says ‘Full Range of Tools’ Will Support Economy During ‘Challenging Time’
The Federal Open Market Committee yesterday said it is committed to using its “full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.”
1st Quarter GDP Takes a Hit—And It Will Probably Get Worse
The Bureau of Economic Analysis yesterday reported its first (advance) estimate of first quarter gross domestic product saw the U.S. economy contract by nearly 5 percent as the effects of the coronavirus pandemic kicked in.
MBA: Share of Mortgage Loans in Forbearance Increases to Nearly 7%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance increased from 5.95% of servicers’ portfolio volume in the prior week to 6.99% as of April 19.
MBA: Share of Mortgage Loans in Forbearance Increases to Nearly 7%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance increased from 5.95% of servicers’ portfolio volume in the prior week to 6.99% as of April 19.
MBA: Share of Mortgage Loans in Forbearance Increases to Nearly 7%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance increased from 5.95% of servicers’ portfolio volume in the prior week to 6.99% as of April 19.
The Week Ahead
Good morning! Welcome to another Monday, Week 8 of the Coronapacolypse.
MISMO Announces Certification Program for Remote Online Notarization
MISMO®, the mortgage industry’s standards organization, announced a new Remote Online Notarization certification program for RON providers and mortgage industry participants.