Amidst the COVID-19 pandemic, many lenders are reportedly tightening credit by raising the minimum FICO score requirement or increasing down payment requirements to 20%.[1] The credit
Loan Performance Insights Report Highlights: May 2020 The nation’s overall delinquency rate was 7.3% in May. All states and all but two metros showed increases
For lenders to successfully grow or maintain market share, they must focus on retaining current customers and actively prospecting for new high-quality customers. Strong customer
Loan Performance Insights Report Highlights: April 2020 The nation’s overall delinquency rate was 6.1% in April. While all states showed increases in their overall delinquency
The COVID-19 global pandemic is a public health crisis of unprecedented proportions that has upended the global economy in ways we’re only beginning to understand.
The mortgage servicing industry landscape is shifting. Over the past decade, the industry has experienced growth from two primary sources. The first, and more traditional