PROJECTThe Mortgage Servicing Collaborative

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  • May 2, Full collaborative meeting
  • June 14, Government programs work stream meeting
  • July 18, Data working group meeting
  • July 24, Collaborative advisory meeting
  • August 30, Data working group meeting
  • August 31, Full collaborative briefing
  • September 25, Loss mitigation and modification experience work stream meeting
  • October 19, Consumer advisors meetings
  • December 19, 2017, Full collaborative meeting
  • January 25, 2018, Monthly member briefing
  • February 22, 2018, Monthly member briefing
  • March 22, 2018, Monthly member briefing
  • April 10, Standards working group meeting
  • April 26, 2018, Monthly member briefing
  • May 24, 2018, Monthly member briefing
  • June 19, 2018 Full Collaborative Meeting
  • July 26, Monthly member briefing
  • August 23, Monthly member briefing
  • September 18, Work Stream 5 Meeting
  • September 27, Monthly member briefing
  • October 25, MSC Government Advisors meeting
  • November 1, Monthly member briefing
  • Workstream 5, non-performing loans meeting on November 27, 2018
  • Workstream 5, Servicing Compensation Meeting on November 30, 2018
  • Summary of December MSC Convening December 6, 2018
  • MSC News Coverage

  • August 30, Data working group meeting

    On August 30, several members of the Mortgage Servicing Collaborative’s data subgroup met to discuss our data request for work stream #1.  The purpose of the data request is to identify pain points and to better quantify the costs involved with servicing nonperforming mortgages, with a focus on FHA’s foreclosure, loss mitigation and conveyance processes.   Upon gathering and analyzing the data, we aim to put forward a set of concreate recommendations that may include alternative actions that avoid the expensive, time consuming conveyance process, and the potential year or more it leaves a property in limbo. In addition, we are separately reviewing the time and costs incurred at each stage of the process to put forth recommendations that would reduce and potentially align timelines with the GSEs.

    Next steps: The Housing Finance Policy Center continues to collect and analyze data received from MSC lender/servicer members and aims to have draft work products by the end of October. 

    Research Areas Housing finance
    Tags Housing finance data and tools
    Policy Centers Housing Finance Policy Center