While there are still approximately one million borrowers in forbearance, most borrowers have either returned to making their full payments or have entered some type of loan modification or deferment. Meanwhile, originators are working to diversify their portfolios with the entry of more complex loans, including non-QM loans. Purchase loans themselves are not complex.
This white paper will cover the future of servicing and how partnering with a subservicer can help lenders achieve success in helping borrowers while minimizing costs and reducing compliance risk.
Publisher: Selene Finance
Date: March 2022