A new article from the Washington Post examines the government’s Homeowner Assistance Fund (HAF) and the speed at which these resources are reaching those in need.
Read More »Investor Home Sales Slide in Q3
Redfin reports investor home purchases dropped 30% in Q3 2022, the largest decline reported since the Great Recession aside from Q2 2020, at the outset of the pandemic.
Read More »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 »Webinar Spotlight: Experts Discuss Servicing, Loss Mit, and More
Five Star gives thanks for the subject-matter experts who have headlined our 2022 lineup of webinars. Check out some of the recent highlights.
Read More »California Court of Appeals Invalidates Default Interest Provision
Most courts inherently do not like default interest because they see it as an improper “penalty.” Attorney T. Robert Finlay examines what the First District of the California Court of Appeals recently found in a recent case.
Read More »Natural Disaster Impacts on Consumer Behavior and Home Prices
A new report from Realtor.com found that cumulative price growth of low-risk homes consistently outperformed the rate of high-risk homes, suggesting that flood risks are increasingly reflected in housing prices.
Read More »Prepayments Fall; Foreclosures Rise
Black Knight’s first look at month-end data for October 2022 found prepayment activity reaching a new low.
Read More »Shifting Gears in Distressed Disposition
Prepare for these three distressed disposition trends as the housing market downshifts and we enter 2023.
Read More »Forbearance Volume Rises for First Time in 29 Months
The impact of Hurricane Ian in the Southeast U.S. forced the share of mortgage loans in forbearance slightly upward in October, as an approximately 350,000 U.S. homeowners are now in forbearance plans.
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.
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