Foreclosure/Bankruptcy

According to new ATTOM data, 16 times as many mortgages are equity rich versus seriously underwater.

With more than 40 years of experience in risk management, banking, and corporate finance functions, and venture capital investing, James Daras is tapped to lead nationwide mortgage loan subservicer.

“While loan portfolio delinquencies for Fitch-rated bank and non-bank servicers were stable for the third consecutive quarter, the impact of four consecutive quarters of new foreclosure filings post-moratoria is now being felt in new REO volume,” said Fitch Director Richard Koch.

“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM.

According to Black Knight, mortgage delinquencies were up seven basis points month-over-month but down 9% year-over-year. Also, prepayments fell for the third straight month.

For the third consecutive month, the nation’s forbearance rate has remained relatively flat, with new forbearance requests and re-entries being reported at nearly the same pace as exits.

Travis McGee of ECI Software Solutions details why tech-savvy technicians are critical when it comes to prepping foreclosed homes.

Matthew Perez of FICS explains why mortgage servicers need to embrace non-English-language support now.

Attorney T. Robert Finlay explains what mortgage lenders and servicers should know about TROs and Injunctions.

An upcoming Five Star Institute webinar, in partnership with Sagent, will cover the consumer data risks that lenders, servicers and fintech firms will face throughout 2023, as well as what consumers can expect from engagement and a privacy/protection perspective.