A monthly report shows that states with the highest number of foreclosure starts include the red-hot real estate markets of California, Florida, and Texas.
Read More »UPDATE: Q3 Commercial Delinquency Rates
CMBS See Large Uptick in Delinquencies Compared to Other Investor Groups
Read More »OCC Identifies Risk in the Banking System
In a new report, the OCC highlights the nation’s credit, market, operational, and compliance risks, as well as other key issues facing the federal banking system.
Read More »Incenter Rebrands, Announces Executive Changes
Firm will rebrand as Incenter Capital Advisors, to be led by Tom Piercy in the role of Chief Growth Officer and JB Long, who steps into the new position of President.
Read More »Government Agencies Work together to ‘Decarbonize the Building Sector’
The least affordable markets were Anaheim and San Francisco, where homebuyers with the typical local income would’ve needed to spend over 80% of their pay on monthly housing costs. Detroit and Pittsburgh were the most affordable.
Read More »Florida Court Questions the Reformation of Deed and Mortgage
Attorney Ian Dolan examines a recent Florida case where the court affirmed the entry of a judgment of foreclosure despite the mortgagor’s claim that a reformation was barred by the statute of limitations. Full details on the case after the link.
Read More »Advancing Servicer Automation Into 2024
Dan Sogorka of Sagent discusses the latest trends in the fintech space for mortgage servicers and the factors that will sway the housing market over the next 12 months.
Read More »Snapshot: Commercial Bankruptcies Surge YoY
While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.
Read More »Cenlar’s Enterprise Portfolio Management Office Adds Three New Directors
The mortgage subservicer fortifies its Enterprise Portfolio Management Office with the addition of three new Directors, all responsible for driving and implementing strategic programs within the company.
Read More »Is Your DSCR Mortgage Servicer a Safe Harbor or a Brewing Storm?
Patrick Couture of Planet Loan Servicing takes a deeper look at Debt Service Coverage Ratio loans, and the potential risks and challenges associated when dealing with inexperienced DSCR servicers.
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