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Loss Mitigation

US foreclosure filings rise 26% in Q1 2026, ATTOM says

ATTOM, Foreclosure, HWmember, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, REO, Servicing /

Foreclosure activity accelerated in the first quarter of 2026, with signs of mounting operational pressure for mortgage servicers and downstream vendors, according to ATTOM’s latest U.S. Foreclosure Market Report and insights from industry executives. While overall foreclosure volumes remain below pre-Great Recession peaks, starts, completions and real estate-owned (REO) inventories are climbing, timelines are shrinking […]

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GSEs boost foreclosure prevention as forbearances surge

GSEs boost foreclosure prevention as forbearances surge

Fannie Mae, Federal Housing Finance Agency, Forbearance, Foreclosure, Freddie Mac, GSEs, HWmember, Loss Mitigation, Mortgage, Refinancing /

Foreclosure prevention activity increased in October as Fannie Mae and Freddie Mac completed more than 17,000 actions to help struggling homeowners, according to a Federal Housing Finance Agency (FHFA) report released Thursday. The government-sponsored enterprises (GSEs) completed 17,032 foreclosure prevention actions in October 2025, bringing the total to nearly 7.3 million since the start of

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FHA extends loss-mitigation deadline for mortgage servicers

FHA, FHA loan, HUD, HWmember, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, Servicing /

The Federal Housing Administration (FHA) has extended the timeline for mortgage servicers to comply with the new loss-mitigation waterfall, according to a mortgagee letter issued Wednesday. While the provisions may be implemented by Oct. 1, they must be fully in place no later than Dec. 30, 2025, according to the letter signed by Frank Cassidy,

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An end to pandemic-era loss mitigation provisions is not a return to norms

Contributors, HWmember, Loss Mitigation, Mortgage, Opinion /

Servicers have known the loss mitigation waterfalls enacted during the COVID-19 pandemic were eventually going to change. But a recent acceleration of the new governance has left the industry with only six months to make critical adjustments to loss mitigation workflows. When the U.S. Department of Housing and Urban Development (HUD) issued a Mortgagee Letter

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