Kerry Medel of Brookstone Management discusses the impact of the pandemic on field servicing, and how the industry not only kept people in their homes but also put more people in homes.
Read More »The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends as borrowers continue exiting forbearance.
Read More »FHFA Suspends Foreclosures on Borrowers Who Applied for HAF Assistance
New announcement will require servicers with GSE-backed mortgages backed to delay the foreclosure process for up to 60 days.
Read More »How Remote Bidding Technology Empowers Local Community Developers
Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions.
Read More »After the Pause
As COVID-19 foreclosure and eviction stays lapse in New York, Mikelle V. Bliss and Margaret J. Cascino of McGlinchey Stafford explain what servicers and landlords operating in the Empire State need to know.
Read More »Servicers Open the Lines of Communication
Michael Merritt of BOK Financial sat down with DS News to explain how the lessons learned from the financial crisis of 2008 smoothed a path of communication between servicers and their clients during the pandemic.
Read More »After Initial Denial, Florida Court Authorizes Foreclosure on HELOC
Litigation Partner Adam Diaz discuses a recent Florida District Court of Appeals decision involving a family defaulting on their HELOC.
Read More »Servicer Collaboration in a Post-Pandemic World
DS News chatted with Marissa Yaker of Padgett Law Group on how navigating loss mitigation requirements during the pandemic opened up new channels of communication for the industry.
Read More »Padgett Law Group Receives ‘No-Objections’ Status from GSEs
Padgett Law Group (PLG) has announced the firm has received its no-objection status from Fannie Mae and Freddie Mac, clearing the final administrative task in entering the firm’s newest state of full-service creditors’ rights operations, Pennsylvania. The build-out of PLG’s ...
Read More »February Foreclosure Starts Dip Following Prior Month’s Spike
According to Black Knight's “first look” at February 2022 mortgage data, the January surge reversed course in February, but even the higher number still trailed pre-pandemic levels. Here's what else the data reveals
Read More »