Since the beginning of the COVID-19 pandemic, dv01 has released bi-weekly reports showcasing loan performance, as well as the hardship relief efforts implemented by issuers and servicers to aid borrowers. Through this work, however, we have uncovered inconsistencies in modification reporting.

In our latest white paper, Loan Modification Misreporting: How COVID-19 Is Exposing a Faulty Reporting System in Mortgages, we reveal common data practices that lead to misreporting, how we identify unreported loan modifications, and why the industry needs a more modern and robust reporting standard. We then put our data-validation process into context through our experience with a prominent non-QM issuer.

Download the white paper by submitting the form below.