Housing Wire

JANUARY 31, 2021

Today’s servicers are working in a challenging environment due to several compounding factors. For one, the mortgage industry is experiencing historically low interest rates, which have set in motion a refinancing boom that has dramatically increased lien release volume processing. Secondly, the coronavirus pandemic has created a critical need to provide timely and compassionate borrower relief in the form of forbearance and loan modifications.

Mortgage 384

Mortgage Insurance Business Training 384

McKissock

JANUARY 31, 2021

By Brooke Tanner. Picture this. You are one week away from the closing table, and your first-time homebuyer’s lender calls with stressful and unfortunate news. The underwriting team has finished their final review and discovered that your buyer is no longer qualified to purchase the home. This can happen for several reasons. Maybe they do not have enough funds for the down payment.

Real Estate 95

Real Estate Real Estate Agent Clients Buyers 95

Housing Wire

JANUARY 31, 2021

The COVID-19 pandemic continues to impact the mortgage industry, and servicers are dealing with an increased call volume as borrowers transition in and out of forbearance and make decisions regarding the future of their homes. Communicating with borrowers, ensuring portfolios are in compliance and leveraging technology to find efficiencies are crucial in the current environment.

Technology 384

Technology Mortgage 384

BiggerPockets

JANUARY 31, 2021

Real estate investors want to be protected from liability. Should they choose an umbrella insurance policy or limited liability company?

Insurance 69

Insurance Investors Real Estate Business 69

Housing Wire

JANUARY 31, 2021

After a tumultuous year of disruption and uncertainty in 2020, mortgage servicing continues to change in order to meet consumer needs, regulatory demands and best practices. The regulatory environment remains complicated, especially as the COVID-19 pandemic disrupted regular service operations with deferments, restrictions and other measures enacted at the state level.

Insurance 370

Insurance Clients Technology Mortgage 370

BiggerPockets

JANUARY 31, 2021

Most people are told the same thing growing up, “go to college and take out a loan, get a car and take out a loan, live in a nice apartment […].

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Housing Wire

JANUARY 31, 2021

Mortgage servicers are staying busy. Whether they’re working with borrowers on forbearance plans or helping them refinance their homes, servicers are handling incredibly high call volumes. And during these hectic times, they could benefit from a solution that manages their portfolio to ensure they’re making well-informed decisions. Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appr

Valuation 287

Valuation Development Technology Real Estate 287

Housing Wire

JANUARY 31, 2021

We start the beginning of each year with a magazine issue that focuses on servicing, and this year is no different. But after the tumultuous year we experienced in 2020, servicing will now be more important than ever. Flashback to the Great Recession that began in 2008 and the devastation that followed, servicers were put in the hot seat as foreclosures swept across the U.S.

Finance 287

Finance Technology Mortgage 287

Housing Wire

JANUARY 31, 2021

HousingWire recently spoke to Bryan Bellacosa, first vice president of product management and information technology at ServiceLink, about the outlook for servicers in 2021. HousingWire: What is the biggest challenge servicers and real estate investors face this year? Bryan Bellacosa: Anticipating that foreclosure moratoriums will lift sometime during 2021, real estate investors and servicers need to be prepared for an increase in defaulted loans.

Investors 225

Investors Real Estate Valuation Tools 225

Housing Wire

JANUARY 31, 2021

In the days of COVID-19 and the CARES Act, mortgage servicers are staying busy working with borrowers as they make decisions regarding the future of their homes. To help vulnerable homeowners, servicers need to be able to identify and understand potentially hidden portfolio risks so preventive action can be taken to avoid potential losses. They need to ensure adherence to regulatory requirements and obtain required data for reporting in a timely manner.

Mortgage 410

Mortgage Valuation Clients Home Value 410

Housing Wire

JANUARY 31, 2021

For servicers and subservicers, compliance with federal and state regulations is a top priority, especially given today’s record high loan volumes driven by historically low rates. It’s critical to quickly evaluate the success rate of a loan by identifying and correcting errors in real time. ServiceMac is an innovative mortgage subservicing company that offers each of its clients exclusive access to its proprietary compliance solution.

Modernization 332

Modernization Clients Technology Lending 332

Housing Wire

JANUARY 31, 2021

Black Knight provides industry-leading servicing solutions, which includes the best-in-class servicing platform, MSP, as well as several innovative capabilities that support all size portfolios and every aspect of servicing, from loan boarding to default. The Black Knight MSP loan servicing system automates all areas of loan servicing, increasing operational efficiencies and reducing the cost of supporting separate systems.

Clients 199

Clients Tools Investing Business 199

Housing Wire

JANUARY 31, 2021

Increased delinquency volume as a result of the COVID-19 pandemic has amplified the need for servicers to work smarter, not harder, and respond quickly to struggling homeowners. Thankfully, there’s a tool that allows servicers to do just that. Freddie Mac’s Servicing Gateway offers one platform, one login and one doorway to Freddie Mac servicing tools.

Tools 363

Tools Clients Investors Modernization 363