Most default servicers expect a soft landing in the economy and a gradual increase in foreclosure volumes in the second half of 2024, according to Auction.com, Irvine, Calif.
Tag: Servicing
GSEs Completed 52,154 Foreclosure Prevention Actions in 1Q, FHFA Finds
Fannie Mae and Freddie Mac completed more than 52,000 foreclosure prevention actions in the first quarter, bringing the total to nearly 7 million since the start of conservatorships, the Federal Housing Finance Agency reported.
DLS Servicing’s Donna Schmidt: For Many, Short Sales Represent the Most Graceful Foreclosure Option
In today’s complex mortgage servicing landscape, the ultimate goal is not just to protect investors, but also to facilitate the best possible outcomes for borrowers.
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.
High Resolution Volume Drives CMBS Delinquency Rate Lower, Fitch Reports
The U.S. commercial mortgage-backed securities delinquency rate decreased nine basis points to 2.19% in March, according to Fitch Ratings, New York.
Q&A with Lender Price’s Dawar Alimi: How Product Depth is Helping Lenders Drive Volume, Reduce Cost
MBA Newslink recently interviewed Dawar Alimi, CEO and Co-Founder of Lender Price, to discuss the significance of lenders having product depth to drive additional volume, how automation is driving cost reduction and overall efficiencies and the evolving role of technology in shaping mortgage lending.
FHFA Says Nearly 44,000 Troubled Homeowners Assisted During 4Q2023
Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions during the fourth quarter, raising the number of homeowners who have been helped to 6.9 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.
Blue Sage Solutions’ Carmine Cacciavillani–How a Bridge in the Cloud Creates Endless Opportunities
One of the most interesting paradoxes is the Mobius strip, a two-dimensional shape made by taking a strip of paper, twisting one end 180 degrees, and taping the ends together, forming one continuous surface.
Carmine Cacciavillani from Blue Sage Solutions: How a Bridge in the Cloud Creates Endless Opportunities
One of the most interesting paradoxes is the Mobius strip, a two-dimensional shape made by taking a strip of paper, twisting one end 180 degrees, and taping the ends together, forming one continuous surface.
FHA Commissioner Gordon Announces New Loss Mitigation Option: #MBAServicing24
ORLANDO–Loss mitigation made news last week at MBA’s Servicing Solutions Conference & Expo 2024.