On February 16th the Biden administration announced an extension of the COVID-19 forbearance and foreclosure protections for homeowners. Read full details here… https://www.whitehouse.gov/briefing-room/statements-releases/2021/02/16/fact-sheet-biden-administration-announces-extension-of-covid-19-forbearance-and-foreclosure-protections-for-homeowners/
Notwithstanding this extension, the mortgage industry and the country continue to creep closer to a return to normalcy. Now is the time to prepare your default and foreclosure shop for the coming uptick in claim volumes across all claim types. Our experienced staff is well versed in all the government, GSE, and MI programs including Loss Mitigation, CWCOT, and conveyance. Contact the experts at CRFS to learn how we can assist in prepping and QC-ing loan files for submission, supporting your team with increasing volumes, and delivering comprehensive Loss Analysis reporting. E-mail us at firstname.lastname@example.org or call us at 585.589.8946.