Joseph M. Otting's final day at the Office of the Comptroller of the Currency will be May 29.
Read More »Using Technology to Assist Homeowners
A new Aspen Grove Solutions white paper discusses how servicers and lenders can leverage all the tools at their in this crisis.
Read More »Rising Unemployment Leading to Increased Risks For Homeowners
With many states experiencing a backlog of unemployment claims, many borrowers may not be receiving the assistance they need.
Read More »Update to the Community Reinvestment Act
Included in the rule changes are increased credit for mortgage origination to promote availability of affordable housing in low- and moderate-income areas.
Read More »The Fed’s Plan For the CARES Act
Here's how the Federal Reserve and the Treasury plan on making sure lenders have the liquidity necessary to survive the pandemic and assist their customers.
Read More »Wells Fargo Announces Housing Assistance Efforts
Wells Fargo & Company has announced additional efforts to help people stay in their homes with funding for more than 500 nonprofits across the U.S., as part of the Wells Fargo Foundation’s $175 million commitment to assist people and communities in response to COVID-19.
Read More »Wolters Klower Announces Update on Paycheck Protection
Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing PPP loan applications under the replenished program funding, signed by President Trump on April 24.
Read More »Unemployment’s Forbearance Link
According to a new study, the relationship between forbearance and unemployment is complicated. Can unemployment numbers predict mortgages in forbearance?
Read More »Assisting Mortgage Borrowers in a Crisis
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.
Read More »Industry Reacts: Brian Montgomery Confirmed Deputy HUD Secretary
As the second most senior official at HUD, Montgomery will manage the day-to-day operations of the agency.
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