Commentary

A legal expert discusses why this is good news for mortgage servicers and how it provides a “clear, bright path” forward for cases that may have been snared by potential statute of limitations concerns.

According to one legal expert, servicer response to New Jersey Governor Phil Murphy's Executive Order 106, though well-meaning, could potentially create more problems than it resolves.

The Florida Supreme Court's decision in Page v. Deutsche Bank Trust Company Americas addresses a previous court's ruling related to standing to foreclose and attorney’s fees. Here's what the court had to say.

When it comes to making the choice between homeownership or renting, here's how the numbers are breaking down across the nation.

Mortgage servicers face two huge challenges in the COVID era: (1) how to prepare for more serious homeowner hardships as key relief policies expire in late-2020 and early-2021, and (2) how to retain 4 of 5 borrowers who currently get new loans from a new lender.

Five Star Global’s American Mortgage Diversity Council (AMCD) this week hosted its Fall Virtual Member Meeting, “Connecting Across Distances,” during which industry professionals gathered to address race and inclusion.   AMDC’s Vice-Chair Jodi Gaines, Chief Client Officer at Insight One Financial, says she believes this type of event is invaluable ...

Earlier this month, the Fourth DCA of Florida reversed a circuit court’s dismissal of Lakeview Loan Servicing, LLC’s (“Lakeview” or “the Bank”) foreclosure complaint. Lakeview Loan Servicing v. Walcott-Barr. The DCA found the Bank presented sufficient evidence to show it ...

Since 2008, when they entered FHFA conservatorship, Fannie Mae and Freddie Mac have completed a total of 4,916,088 foreclosure prevention actions. The FHFA this week published its latest numbers, which show that: The two GSEs completed 230,198 foreclosure prevention actions ...

The United States Bankruptcy Court for the Southern District of Ohio recently announced a Mortgage Modification Mediation Program (MMM Program) to facilitate negotiations and expedite the settlement process between debtors and creditors within the bankruptcy proceedings. “The MMM Program shall ...

A legal expert examines a recent decision in Florida where a defendant claimed the foreclosing bank didn’t properly prove the right to foreclose. The Court disagreed, and here’s why.