Tag Archives: forbearance plans

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.

In order to protect millions of at-risk homeowners from foreclosure actions, the CFPB has issued a new set of rules to ensure a smooth transition as they exit forbearance plans.

The House Committee on Financial Services discussed numerous items on the legislation, including the length of forbearance for homeowners and what they are receiving.

Federal Housing Commissioner Brian D. Montgomery said in an exclusive conversation that it was important to help homeowners impacted by COVID-19, as well as changes to the CWCOT program, remote-working challenges, and more.