The pandemic brought with it a surge of forbearances, as the CFPB cracked down on servicer regulation as many of the nation’s homeowners struggled.
Read More »The Typical Home Sold For $400K This Year
The housing market in 2021 was nothing short of remarkable as it seemingly could not be stopped from rising; even the low points of the year were record breaking. As the economy restarted and began to shake off the pandemic cobwebs, people's habits began to change. Due to ...
Read More »McCalla Raymer Leibert Pierce Adds New Partner
With more than 18 years of experience in the default servicing sector, Mark Rothfuss joins firm to head up the Ohio and Kentucky Foreclosure and Litigation Practice.
Read More »Active Forbearance Numbers Continue to Fall
Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans. According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...
Read More »Cloud-Based Solutions Lead the Way
Jennifer Henry of Equifax explains how cloud computing allows the mortgage ecosystem to exist in a more holistic and less segmented environment, providing a seamless digital experience.
Read More »Homeowners Gain $3.2T in Equity
Mortgage holders have seen the highest rate of equity growth in 45 years, equaling roughly $56,700 per property.
Read More »The Week Ahead: Tapping Into the USDA REO Market
An upcoming webinar will share the secrets and techniques behind selling USDA real estate-owned properties, led by a panel of experts in the field of property preservation, asset management and REO support services.
Read More »Housing Demands to Slow in Winter Months
Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to slow in the coming winter months, as it may return to a ...
Read More »Foreclosures Tick Downwards In November
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year. The news was ...
Read More »Renters More Likely to Miss Monthly Payments
It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times ...
Read More »