Brick-and-Click Bliss: The Human Touch in Mortgage Servicing
The digital revolution has transformed every corner of our lives, and the mortgage industry is no exception.
Mortgage Default Industry Update – With Benefits Of Offshoring Your Needs
There are no explicit records of the delinquency rate for mortgages in July 2023. However, the most recent data available from April 2023 shows that 2.8% of mortgages were delinquent by at least 30 days or more, including those in foreclosure.
HUD Announces 30-basis-point reduction in Annual Mortgage Insurance Premiums
On Tuesday, February 22, 2023, HUD announced a 30-basis-point reduction to the annual Mortgage …
HUD Face-to-Face: Managing Deliverables in 2023
In November 2020, after a year marked by widespread property damage due to storms and flooding, the US Federal Reserve acknowledged climate change’s influence on the US financial system and mortgage market for the first time in its semi-annual Financial Stability Report.
Impact of Natural Disasters on the US Mortgage Industry
In November 2020, after a year marked by widespread property damage due to storms and flooding, the US Federal Reserve acknowledged climate change’s influence on the US financial system and mortgage market for the first time in its semi-annual Financial Stability Report.
Return of the US Foreclosure Market, Post-Pandemic
COVID-19 brought with it several socioeconomic shifts, leading to a decrease in performance across sectors and large-scale unemployment.
The mortgage industry is ready to make a comeback from the lows.
Regularly, the Consumer Financial Protection Bureau (CFPB) publishes a report examining mortgage servicers’ responses. It recently released a report related to the Covid-19 pandemic. The data, collected across 16 large servicers from May through December 2021, reveal homeowners continue to face significant risks and challenges connected to working with their mortgage servicers.
How can your outsourcing partner help you with the Title Search Work order?
Among the various operations that the Property Preservation companies Outsource, Title Search has its unique space. And by Outsourcing it to a Work Flow Management and Back-office service provider like IMS Datawise, more and more companies are saving their costs improving their efficiency.
