Servicing

In addition to a full lineup of educational programming, the FSVC will also include a ceremony honoring the military and the Fifth Annual Dakota Asset Services Networking Summit.

In a year defined by the unexpected, next week’s Five Star Virtual Conference will bring together industry representatives for two days of discussion and education on best practices and lessons learned. There’s still time to register here.

According to a new reports, 4.3 million homeowners are now past due on their mortgages or in active foreclosure.

How has COVID-19, the unemployment rate, and social distancing impacted the way the mortgage industry does business?

Leaders from Carrington Mortgage, BSI Financial Services, BDF Law Group, and Bayview Loan Servicing discussed issues, challenges, and solutions within the industry at the Legal League 100’s Virtual Servicer Summit.

This is an increase from Black Knights April 16 data, when more than 2.9 million homeowners, or 5.5% of all mortgages, have entered into COVID-19 mortgage forbearance plans.

The Hon. Brian D. Montgomery, Assistant Secretary for Housing - Federal Housing Commissioner stated that the previous policy was "not practical given the public health recommendations.” HUD also provided further updates on how the Department is addressing the virus.

The National Mortgage Servicing Association joined with the MBA and the Housing Policy Council to voice its strong support for FHA’s proposed changes to the Claims Without Conveyance program, echoing feedback from other industry groups.

On Friday, the association announced the cancellation of Single-Family Rental Summit and Five Star Government Forum.

MacIntyre brings over 25 years of mortgage industry experience to her position as CEO.