MBA NewsLink interviewed Clarifire CEO and Founder Jane Mason about mortgage servicing challenges in the current landscape.
Category: News and Trends
CoreLogic: October Delinquency Rate Flat
CoreLogic, Irvine, Calif., reported 2.8% of mortgages were delinquent by 30 or more days in October; the same rate was recorded in both September 2023 and October 2022.
MBA NewsLink Roundtable: Top Commercial Mortgage Servicing Issues to Watch in 2024
With the logjam in the commercial real estate transaction market top of mind for many, loan servicing and asset management professionals entered the new year with a fresh set of opportunities and challenges defined not by a flood of new originations but the expectation of a growing supply of troubled loans.
To the Point With Bob: Thoughts Ahead of #MBAIMB24–Consumers Benefit From Large, Diverse Collection of Mortgage Lenders
MBA President and CEO Bob Broeksmit, CMB, shares his thoughts on topics related to IMBs ahead of #MBAIMB24.
Servicing Quote Tuesday, Jan. 9, 2024
“U.S. mortgage delinquency rates remained healthy in October, with the overall delinquency rate unchanged from a year earlier and the serious delinquency rate remaining at a historic low.”
–Molly Boesel, Principal Economist for CoreLogic
MISMO Calls for Participation in New Work Group Focusing on Fee Modernization and Standardization
MISMO®, the real estate finance industry’s standards organization, announced a call for industry professionals to join a new development work group (DWG) that will focus on fee modernization and standardization.
Speaker Spotlight: Julia Gordon at MBA Servicing Solutions Conference & Expo
Julia Gordon, Assistant Secretary for Housing and Federal Housing Commissioner, U.S. Department of Housing and Urban Development, will speak at a session titled “Servicing Policy Update” on Feb. 21, 10:30-11:15 a.m.
ATTOM: November Foreclosures Up Annually, Down From October
ATTOM, Irvine, Calif., recorded 32,120 U.S. properties in its November Foreclosure Market Report. That’s up 5% from November 2022 but down 7% from October.
ICE First Look for November: Delinquencies Up, but Still Historically Low
Intercontinental Exchange Inc., Atlanta, released its “first look” at November mortgage performance, finding the national delinquency rate crept up to 3.39%.
FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships
The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.