According to a new report, experts predict that government-insured loans are going to be the primary source of increased REO inflow in 2020.
Read More »Court Reverses Foreclosure Case Dismissal on Note Enforcement
The Court explained that “a straightforward reading of the affidavit” clearly identified BOA as the servicing agent and custodian of the note and that the note holder, HSBC, was a “separate entity.”
Read More »Fannie and Freddie Preventing Foreclosures
Much of Fannie Mae and Freddie Mac's foreclosure prevention actions were primarily through loan modifications.
Read More »Studying Foreclosure Numbers in New York City
The borough of Manhattan was the lone area that recorded an increase in activity in 2019. Click through to read more.
Read More »Mortgage Debt Increases in Q4
According to a study from the New York Fed, as mortgage debt has increased, delinquencies have not.
Read More »Measuring the Effectiveness of Foreclosure Assistance Programs
According to Boston Mayor Marty Walsh, foreclosures in his city have dropped to a 17-year low, due in part to city-wide programs.
Read More »Eastern U.S. Dominating Delinquency Declines
The states with the largest declines were also the states most impacted by the 2017 and 2018 hurricane seasons.
Read More »Inheriting an Underwater Home
In some cases, an underwater homeowner may be a victim of circumstance. Here's why for some in this situation, foreclosure may be an option.
Read More »Spotlight on Financial Services Law Firms
Click through to learn more about the financial services law firms that specialize in consumer and regulatory issues in default servicing. Editor’s note: This feature originally appeared in the January issue of DS News.
Read More »Foreclosures Expected to Rise in New York
As New York’s foreclosure starts dropped in 2019, a new law is forecasting a change to that trend for one county.
Read More »