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Tag Archives: Foreclosures

A New Tactic to Fight Zombie Homes

This June, Washington state will implement a new law (HB2057) designed to combat abandoned zombie properties and streamline interactions between government and lenders when it comes to preventing urban blight as the properties fall into disrepair. As reported by the ...

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Pinpointing the Hottest Housing Markets

The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you’d expect. According to ProTeck’s report, the Portland-South Portland, ...

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Assessing the State of the Market

Is the foreclosure crisis finally over? While many numbers point to a decline in delinquencies, the market might need to brace for a slight increase by early 2020 according to a report on the state of the U.S. housing market.

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The Fight Against Zombie Homes Finds a New Ally

The topic of zombie homes comes up often here on DS News, ranging from fast-track foreclosure legislation to rules about clearboarding and plywood bans. In February, New York Governor Andrew Cuomo announced that the state was buying up distressed mortgages ...

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The City Where Foreclosures Are Skyrocketing

This past January, PropertyShark’s annual foreclosure report revealed that New York City saw a year-over-year increase in foreclosed homes scheduled for auction of 58 percent and year-over-year foreclosure increases in every borough except Manhattan. Now PropertyShark has released their Residential ...

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Ocwen Mortgage Mods Helped Thousands Avoid Foreclosure Last Year

Falling behind in payments doesn’t have to mean a borrower is doomed to lose their home. Lenders and servicers are often willing to work with the borrower to find options that allow the borrower to remain in their home while ...

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Clarifying Contested Foreclosures After Bankruptcy

Florida Governor Rick Scott recently signed off on Senate Bill 220, a new law addressing the property rights of defendants pertaining to bankruptcy and foreclosure proceedings. DS News spoke to representatives from several Florida-based Legal League 100 law firms to ...

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Delinquencies and Foreclosure Starts Edge Lower

Black Knight, Inc., a Florida based provider of software, data, and analytics for the mortgage and real estate industries, released their First Look data analysis report on Thursday, analyzing February 2018 mortgage performance data. This report found foreclosure starts reversing ...

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Making Mortgage Forgiveness Tax Relief Permanent

United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. ...

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