Mortgage Forbearances

Mortgage Forbearances Down 27 Basis Points

Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up […]

Mortgage Forbearance Alert

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

MORTGAGE FORBEARANCE ALERT! Don’t Be Caught Facing Foreclosure. You Have Options! MORTGAGE FORBEARANCE ALERT! Some homeowners will soon come to the end of their 18-month mortgage forbearance period. As a result, borrowers affected by the pandemic will have to figure out how to repay their back payments. Fortunately, most loan servicers don’t want to foreclose. […]

Mortgage Servicers Are Warned A 3rd Time To Adhere To The CARES Act

The CFPB And Conference of State Bank Supervisors Warn Mortgage Servicers To Adhere To The CARES Act For The 3rd Time Government agencies have issued a third warning to mortgage servicers to adhere to the CARES Act. The CFPB and the Conference of State Bank Supervisors have sent their third warning to mortgage servicers. The […]

Mortgage Forbearance

Mortgage Forbearance Alert: 4.2 Million Mortgages In Forbearance

Mortgage Forbearance Alert: Whopping 4.2 Million Homeowners Are In Mortgage Forbearance Agreements Mortgage lenders across the USA have placed a whopping 4.2 million mortgage in mortgage forbearance. The Mortgage Bankers Associations says this represents 8.4% of outstanding home loans. The numbers increased from 4.1 million mortgages last week. The MBA says Ginnie Mae mortgages were […]

COVID-19 Mortgage Forbearance

COVID-19 Mortgage Forbearance Alert: Mortgage Servicers Busted Again!

Mortgage Servicers Busted Reporting COVID-19 Mortgage Forbearance Agreements To Credit Reporting Agencies Mortgage servicers are at it again with the shady tactics. This time they are reporting COVID-19 mortgage forbearance agreements to the credit reporting agencies.  Mortgages in forbearance as a result of COVID-19 have to be reported as “current” on credit reports. That’s the […]

Ready to get started?

Speak to a specialist at (888) 737-6344