Foreclosure/Bankruptcy

New deal enables Midwest-based community bank to offer real-time mortgage servicing through Sagent’s configurable tech offerings to adapt to evolving customer and regulatory requirements in real-time.

Attorney R. Keith Ustler explains how a new Florida summary judgment standard makes a summary judgment motion an essential step in any litigation.

While the need for more staff increases during a rise in foreclosure starts, during quieter times, it becomes economically unviable to maintain a large staff. Travis Britsch discusses how unpredictable variability poses a daunting challenge for trustees and attorneys.

The Senate Banking Committee recently hosted a hearing discussing competition in the property insurance marketplace and the role climate change is playing on policy holders’ premiums.

Continuing its role as provider of counsel to the U.S. financial services industry, Weiner Brodsky Kider promotes 17-year industry veteran to lead group serving clients facing government actions and private suits.

According to Ginnie Mae, August 2023’s new mortgage-backed securities issuance has supported the financing of more than 123,000 households, including 59,000 of that number comprised of first-time buyers.

In an analysis of the top quality control issues found in the mortgage servicing marketplace, missing bankruptcy notices and proof of claims documentation topped the list, with a wave of delinquencies and borrowers seeking bankruptcy court protection creating new levels of demand.

After Hurricane Idalia hit the southeastern U.S., President Biden declared that a major disaster exists in Florida, having ordered federal aid to supplement state, tribal, and local recovery efforts in areas impacted by the storm.

Dan Sogorka of Sagent recaps the mortgage innovation timeline and details the role played by regulations and compliance in the process.

A new report from Auction.com found that more than 90% of default servicing industry experts polled expect foreclosure volume to rise in 2023 compared to 2022, with the state of the nation’s economy having the biggest impact on overall volume.