Author: Alert team

Industry Update February 23, 2022 Source: Mortgage Professional America More homeowners have requested an extension or to re-enter their forbearance plans in January, the Mortgage Bankers Association reported Tuesday. Data from the report showed that the total number of loans in forbearance fell by 11 basis points to 1.30% of...

Industry Update February 15, 2022 Source: Mortgage Daily News Another tool will soon be available to lenders working with Freddie Mac that is expected to speed up loan processing and reduce the paperwork involved. The company has announced a new, automated capability that will allow lenders to assess an...

Industry Update February 11, 2022 Source:  National Mortgage Professional ATTOM’s January 2022 U.S. Foreclosure Market Report shows foreclosure filings were up 29% from a month ago and 139% from a year ago, with a total of 23,204 U.S. properties with foreclosure filings. Lenders repossessed 4,784 U.S. properties through completed foreclosures...