TITLE

Data-Driven Decisions Can Help Servicers

AUTHOR(S)
Sewell, David
PUB. DATE
March 2006
SOURCE
Bank Technology News;Mar2006, Vol. 19 Issue 3, p46
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the increasing risk of mortgage loan defaults in the U.S. The author explains the rate of defaults will continue to increase and, as originators decrease their involvement with defaults, servicers will be addressed upon to closely monitor their default level and at the same time be available to review the properties that demand personal attention.
ACCESSION #
20726299

 

Related Articles

  • Default Management Technology: Holding the Line on Servicing Profitability. Focardi, Craig // Mortgage Banking;Dec2003, Vol. 64 Issue 3, p97 

    Servicing Default Management comprises the most critical processes for protecting loan portfolio value and managing credit, collateral and operations risk on nonperforming loans. Servicers, investors and guarantors have a keen interest in curing mortgage defaults and mitigating losses. But in...

  • DEFAULT MANAGEMENT: TOO MUCH DEBT?  // National Mortgage News;1/21/2002, Vol. 26 Issue 17, p27 

    Discusses how 2002 could be a difficult year for mortgage professionals in the United States who specialize in default management and loss mitigation. Home loan delinquencies in 2001; Signs of stress being shown by residential and commercial real estate loans; Technology advances that have...

  • In Argentina and Japan, Mortgage Lenders Face Mounting Problems. Sinnock, Bonnie // National Mortgage News;1/21/2002, Vol. 26 Issue 17, p28 

    Reports on mortgage loan default challenges in countries like Argentina and Japan. Effects of the devaluation of Argentina's currency on the value of dollar-denominated loans held by banks in the country; Succession of downgrades of mortgage bonds in Argentina; Anticipation of a deeper and...

  • Banks revel in low residential loan defaults. Scott, Andrew // Fairfield County Business Journal;7/18/2005, Vol. 44 Issue 29, p3 

    The article reports on the decline of mortgage loan delinquencies in Fairfield County, Connecticut. This is due to low interest rates, appreciation of home values and the affluent region. It is easier for homeowners to find buyers because of low rates which helps in paying mortgages and avoid...

  • MORTGAGE ANALYSIS: REINING IN RISK.  // National Mortgage News;1/18/2010, Vol. 34 Issue 16, p9 

    The article discusses various reports published within the issue, including one on the use of automation in finding out and dealing with loan risk, another on factors which originating lenders believed may lead to loan buyback risk and one on information from experts that have been analyzing...

  • Advances in Loss Mitigation Will Ease Foreclosure Burden.  // National Mortgage News;1/21/2002, Vol. 26 Issue 17, p30 

    Reports that mortgage lenders in the United States are more capable of managing the foreclosure process than they were in the past. Prediction that loan defaults will rise in the spring and summer months of 2002; Role of technology in improving communications between lenders and default...

  • Reality-Based Servicing. Bergman, Bruce J. // Mortgage Banking;Jun2001, Vol. 61 Issue 9, p63 

    Focuses on the approach of mortgage servicing in instances when loss-mitigation efforts may affect or impede the foreclosure process of a defaulted mortgage loan. Categories of borrowers where caution is needed in a foreclosure process; Case studies of actual examples.

  • California Mortgage Defaults Drop to Four-Year Low in 2Q 2011. Nemeroff, Evan // Mortgage Servicing News;Sep2011, Vol. 15 Issue 9, p21 

    The article reports on the decrease of defaults in California due to more stable housing market and policy changes in mortgage servicing industry in the state.

  • DEFAULT MANAGEMENT.  // Mortgage Servicing News;Oct2000, Vol. 4 Issue 10, p27 

    Focuses on the important role played by default management in minimizing the occasional problems associated with troublesome foreclosures and bankruptcy filings. How the mortgage loan servicing industry keep defaults and foreclosures down; Factors that reduce the borrowers' temptation to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics