MBA: Share of Mortgage Loans in Forbearance Decreases Slightly in June
he Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 4 basis points from 0.85% of servicers’ portfolio volume in May to 0.81% on June 30.
MBA Chart of the Week July 15 2022: Cost to Service Loans Per Employee
MBA’s annual Servicing Operations Study and Forum includes a deep-dive analysis and discussion of servicing costs, productivity, portfolio activity and operational metrics for in‐house servicers.
FHFA: Fannie, Freddie NPL Sales at 155,000
Fannie Mae and Freddie Mac have sold nearly 155,000 non-performing loans with a total unpaid principal balance of $28.7 billion since 2014, the Federal Housing Finance Agency reported.
MISMO Launches New Adverse Action Notice Dataset
MISMO®, the real estate finance industry standards organization, launched its new dataset standard that maps to a sample Adverse Action Notice form and accompanying XML file.
