To limit risk, mortgage servicers manage hazard claim lines by prioritizing and addressing major areas of vulnerability, one of which is physical damage at assets either in the process of foreclosure or currently in REO status.
Read More »With More Time on the Clock, Preparing Is As Easy As One, Two, TRID…
It didn’t quite have the drama of the old prison movies with the governor calling at the very last minute to grant a stay of execution, but the CFPB’s proposal to push back the effective date of the TILA-RESPA Integrated Disclosure (TRID) rule until October 1 was a welcome reprieve, nonetheless.
Read More »Counsel’s Corner: GSEs Have Intensified Efforts to Transfer Risk to Private Market
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Debbie K. Hoffman, Chief Legal Officer with Florida-based Digital Risk.
Read More »What’s a Home Worth? A View From the Other Side of the Table
State policies offering redemption periods don’t understand time is the cause for foreclosure. That same time offered to redeem is the reason s house falls into ghoulish disrepair and distress and becomes a shell of the home it used to be. So, is the house the home it used to be?
Read More »Counsel’s Corner: Fast-Track Foreclosure Bill Will Put Ohio Housing and Economy On the Right Track
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Linda Erkkila, General Counsel with Safeguard Properties.
Read More »Counsel’s Corner: Maryland’s Foreclosure Process Will Remain As Is For Foreseeable Future
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Ron Deutsch of Maryland-based Cohn, Goldberg & Deutsch.
Read More »Counsel’s Corner: Defending Against Litigation Stemming From New Loss Mitigation Rules
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Luke Sosnicki from Dykema's Los Angeles office, discussing RESPA’s new loss mitigation rules implemented by the Consumer Financial Protection Bureau in January 2014 and resulting litigation around those rules.
Read More »Counsel’s Corner: The Consumer’s Use of Standing as a Defense in Foreclosure Cases
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Linda Finley from the Atlanta office of Baker Donelson.
Read More »Counsel’s Corner: Minnesota Legislature Clarifies Foreclosure Publication Statutes
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Brian Liebo of Minneapolis-based Usset, Weingarden & Liebo.
Read More »Counsel’s Corner: Should the Statute of Limitations Apply for ‘Putback’ Claims on RMBS?
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Don Hawthorne, Partner in the New York office of Axinn Veltrop & Harkrider.
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