Home / Default Servicing / Foreclosure/Bankruptcy

Foreclosure/Bankruptcy

The Front Lines of Property Preservation

DS News speaks to property preservation experts about how they’re navigating economic challenges, a shifting industry landscape, and an exodus of vendor partners as they attempt to maintain strong boots-on-the-ground service.

Read More »

Probate-Foreclosure Knot Untangled?

It’s not often that a modern-day court relies on case law from 1896, but a recent case did exactly that, examining long-standing friction between Illinois probate and foreclosure law.

Read More »

Delinquency Rate Finds New Low

foreclosure

“For the second quarter in a row, the mortgage delinquency rate fell to its lowest level since MBA’s survey began in 1979,” said Marina Walsh, MBA’s VP of Industry Analysis.

Read More »

Foreclosure Activity Up Nearly 60% Year-Over-Year

However, Rick Sharga, EVP of Market Intelligence at ATTOM, notes that October foreclosure activity was still only “about 59% of pre-pandemic numbers." Click through to learn when he anticipates volumes to reach historically normal levels.

Read More »

Chapter 13 Bankruptcies Post 27% Increase YoY

“With inflation increasing the costs of goods and services, and with interest rates rising, families and businesses have been presented with tough financial decisions,” said ABI Executive Director Amy Quackenboss.

Read More »