How Smart Fintech Powers Lenders through K-Shaped Economy In 2021

How Smart Fintech Powers Lenders through K-Shaped Economy In 2021

This post adapted from a HousingWire article by Sagent CTO Uday Devalla. At every turn, 2020 has hit us with unexpected challenges and unprecedented market conditions. The COVID economy has further emphasized the bifurcation of disparate economic realities in America, with millions of Americans relying on CARES Act-enabled forbearance in the face of financial woes,…

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Sagent Briefs HousingWire on Latest Housing Deadlines in Washington

Sagent Briefs HousingWire on Latest Housing Deadlines in Washington

With 2021 on the horizon and a Presidential transition already underway, many in the housing industry are curious about how the new Biden administration will impact the market and regulatory landscape. Matt Tully, our Chief Compliance Officer and Vice President of Agency Affairs, recently sat down with HousingWire to talk through how the Biden administration…

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Yes, Homeowners Are Exiting Forbearance, But Not in the Ways You'd Expect

Yes, Homeowners Are Exiting Forbearance, But Not in the Ways You'd Expect

In recent weeks, we’ve been tracking how many homeowners are extending their mortgage forbearance period from 90 days to the full 180 days provided for by the CARES Act. Today,  we’ll address the top three reasons homeowners have been exiting forbearance, then tie it back to extensions. The top three reasons in the chart below…

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3 Mortgage Forbearance Themes to Watch in August

3 Mortgage Forbearance Themes to Watch in August

While the total number of forbearances continues to drop, the number of homeowners extending and re-entering forbearances is rising. As we move through August, here are three core themes Sagent is tracking to help mortgage servicers care for customers. THEME 1: What comes after forbearance?  Traditional loan modifications come after forbearance, and involve adjustments to…

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