The expanded Neighborhood Stabilization Initiative (NSI) program recently marked its one-year anniversary, according to an announcement from the National Community Stabilization Trust
Read More »New York: Stopping Foreclosure Rescue Scams in Their Tracks
New York Attorney General Eric T. Schneiderman is funding an additional $20 million for the fifth year of his Homeowner Protection Program. What will this mean for the preservation of homeownership?
Read More »Sold! REO Sellers Shift Practices to Attract More Buyers
Altisource’s SVP of Real Estate Services, Min Alexander, recently spoke with DS News about what can be anticipated in the new year for changes in buyers, sellers, and REO auctions.
Read More »The Future of Mortgage Performance is Bright
TransUnion’s 2017 Consumer Credit Market Forecast spells good news for serious mortgage loan delinquency rates. What do they anticipate for 2017?
Read More »Which States Have the Highest Number of Foreclosure Filings?
DS News recent reported on the latest foreclosure activity data, which indicated that the number of homes in foreclosure resumed its decline, after a spike the month prior. Which states are still struggling with high levels of foreclosure filings?
Read More »SunTrust Misses the Mark
An independent monitor for the 2012 National Mortgage Settlement has issued a report that SunTrust has fallen short in the progress with the NMS requirements, while HSBC’s first monitor report has passed with flying colors.
Read More »Reducing Habitually Delinquent Properties – A New Year’s Resolution?
With the many issues tax liens could place on the mortgage holder, should servicers take a deeper look into these properties in 2017?
Read More »Step Aside HAMP, There’s a New Kid in Town
With the Home Affordable Modification Program set to expire in less than three weeks, Fannie Mae has designed a foreclosure prevention program to help America’s families by offering reductions to their monthly mortgage payments.
Read More »Wells Fargo Faces New Challenges From Regulators
The verdict is in. On Tuesday, The FDIC and the Federal Reserve Board announced their determination for the revised "living wills" of Bank of America, Bank of New York Mellon, JP Morgan Chase, State Street, and Wells Fargo.
Read More »Had Enough? Stage is Set for Foreclosure Declines
According to the latest CoreLogic Foreclosure Report, both foreclosure and serious delinquency rates dropped year over year. What did these trends did these rates experience on a state level?
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