2021 State of the Default Servicing Industry

 

 

Get an exclusive look at how servicers are adapting to the changing default servicing industry. Here are some of the key responses revealed by professionals who took our survey:

  • 40% chose "mortgage forbearances" as the biggest challenge at the moment
  • 50% expect "loan modification" to be the most leveraged outcome after moratoriums end
  • 47% said "full REO asset management" will be the services needed most post moratorium
  • 64% stated they would be likely to "choose a single vendor for multiple services" in 2021
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