4 min read
CFPB Proposes New Rules for Mortgage Servicers
We’ve all grown accustomed to rules and change management, but what does the Consumer Financial Protection Bureau’s (CFPB) Proposed Rule mean for...
Loss Mitigation
3 min read
Are You Ready to Offer Your Borrowers New Payment Deferral Options?
Piggy-backing payment deferral success from the pandemic, the Federal Housing Finance Agency (FHFA) just announced that beginning July 1, 2023,...
4 min read
What’s Your Plan for Foreclosure Prevention?
Don’t be deluded by ongoing reports of decreasing delinquency and foreclosure. As is often the case, it depends on which numbers you’re watching....
3 min read
CFPB Proposes Automation To Reduce Consumer Friction
What does the CFPB’s recent initiative to curate mortgage products and assist homeowners have to do with mortgage servicing? More than you think....
3 min read
How Do Servicers Outpace Rising Foreclosure Activity With Mounting Oversight?
Have you seen the latest foreclosure stats? The picture they paint isn’t a pretty one. The June 2022 U.S. Foreclosure Market Report shows an increase...
3 min read
How Servicers Can Simplify the Shifting of Borrowers Out of Forbearance
The latest numbers reported by the Mortgage Bankers Association illustrate the volatility that remains in forbearance volume for servicers. As of...
2 min read
Ease the Transition of Mortgage Servicing Rights with Automated Workflow
The key to a successful transfer of mortgage servicing rights (MSR) is a smooth transition of the portfolio from one servicer to another. It’s a big...