Loss Mitigation

A monthly report shows that states with the highest number of foreclosure starts include the red-hot real estate markets of California, Florida, and Texas.

Taking a look back at the significant milestones it has achieved, HUD continues to focus on expanding access to homeownership, supporting home retention, and addressing racial bias nationwide.

Firm will rebrand as Incenter Capital Advisors, to be led by Tom Piercy in the role of Chief Growth Officer and JB Long, who steps into the new position of President.

Attorney Ian Dolan examines a recent Florida case where the court affirmed the entry of a judgment of foreclosure despite the mortgagor’s claim that a reformation was barred by the statute of limitations. Full details on the case after the link.

Dan Sogorka of Sagent discusses the latest trends in the fintech space for mortgage servicers and the factors that will sway the housing market over the next 12 months.

Interim CEO and COO of Altisource’s Alternative Lending Group announces resignation as the company opens search for successor.

While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.

The mortgage subservicer fortifies its Enterprise Portfolio Management Office with the addition of three new Directors, all responsible for driving and implementing strategic programs within the company.

Patrick Couture of Planet Loan Servicing takes a deeper look at Debt Service Coverage Ratio loans, and the potential risks and challenges associated when dealing with inexperienced DSCR servicers. 

Attorney Jamie Juster of McCalla Raymer Leibert Pierce discusses a recent case where the borrower argued that their lender failed to comply with HUD regulations by not conducting a face-to-face meeting to discuss loss mitigation options prior to foreclosure.