Adding to the significant changes in loss mitigation products and policies this year, the Consumer Financial Protection Bureau has published a proposed rule that revamps the current loss mitigation rules.
Tag: Mortgage Servicing
Incenter’s Alison Tulio and Craig Eagleson on Softening the Impact of Spiking Escrows
High valuations and interest rates are not the only factors that have negatively impacted the mortgage industry. Added to these major hurdles, spiking escrows due to rising property tax assessments and homeowners insurance costs are pushing some borrowers to the brink of default.
Softening the Impact of Spiking Escrows: Incenter’s Craig Eagleson & Alison Tulio
High valuations and interest rates are not the only factors that have negatively impacted the mortgage industry. Added to these major hurdles, spiking escrows due to rising property tax assessments and homeowners insurance costs are pushing some borrowers to the brink of default.
Softening the Impact of Spiking Escrows: Incenter’s Alison Tulio and Craig Eagleson
High valuations and interest rates are not the only factors that have negatively impacted the mortgage industry. Added to these major hurdles, spiking escrows due to rising property tax assessments and homeowners insurance costs are pushing some borrowers to the brink of default.
Mortgage Servicing and Sub-Servicing Webinar Series Part I: July 24
Join industry experts as speakers delve into the fundamentals and complexities of mortgage servicing and sub-servicing.
Mortgage Servicers Embrace Technology to Drive Better Homeowner Experiences: Cenlar’s Shanth Ananthuni
Servicing, which has historically been considered a tech-underinvested industry, is shifting toward the cutting edge, delivering new solutions to improve effectiveness, decrease risk and drive a better experience for both clients and their homeowners.
Cenlar’s Shanth Ananthuni: Mortgage Servicers Embrace Technology to Drive Better Homeowner Experiences
Servicing, which has historically been considered a tech-underinvested industry, is shifting toward the cutting edge, delivering new solutions to improve effectiveness, decrease risk and drive a better experience for both clients and their homeowners.
MBA, ABA Respond to CFPB’s Mortgage Servicing Proposal
The American Bankers Association and Mortgage Bankers Association issued the following joint statement in response to the Consumer Financial Protection Bureau’s proposed rule, Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X:
CFPB Reports on Mortgage Servicing Experiences During COVID-19 Pandemic
The most common problems distressed borrowers had during the COVID-19 Pandemic reflect difficulty accessing loss mitigation programs, the Consumer Financial Protection Bureau reported last week.
Clarifire’s Jane Mason: Imagination and Automation–Do You Have it?
As mortgage servicers gathered in Orlando in February for the annual MBA Servicing Solutions Conference & Expo, one session, “Executives Discuss Their Challenges and Goals,” revealed a consistent need and desire to reimagine mortgage servicing.