That Little Question of Forbearance Inspections…

Although the magnitude of a catastrophic event like the COVID-19 pandemic can be viewed as a “never-before” phenomenon to help draw predictions into tighter focus, the experience during the 2008-2011 housing crisis should have industry leaders more homed in on trends. For example, forbearance was the least utilized type of customer option before the pandemic and now it dominates loan modification. How do we get eyes on these assets now and help ourselves respond appropriately?

2021-2022 FORCE Advisory Council Nominees

CHAIR of FORCE Advisory Council Nominees Elizabeth Borsuk-Bellonio: I believe I can bring a wealth of knowledge and ideas to the FORCE as we enter 2022. I have extensive experience in servicing distressed assets. My goal is to guide real estate agents in best practices on how to service properties and what to look for [...]

The Week Ahead: Eviction Moratoria Explained

This week, Safeguard Properties, which manages mortgage field services on vacant, defaulted, and foreclosed properties, hosts a webinar entitled, "Evictions: Maneuvering Through the Moratoriums," during which a panel of experts will detail and discuss the nuances of the latest federal, lending, and servicing rules related to the COVID-19 pandemic. Specifically, the pundits will explain what [...]

No Surprise Here: Compass Files for IPO

One of the worst-kept secrets in the real estate world was publicly confirmed this week as the residential brokerage Compass submitted a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO). Founded in 2012 by CEO Robert Reffkin and Executive Chairman Ori Allon, the New York City-headquartered Compass [...]