REO

The Five Star Institute, in conjunction with the National REO Brokers Association, has assembled a panel of experts to detail how the REO industry is bracing for an uptick in activity, and how to prep for a jump in volume.

The MBA reports that the share of mortgage loans in forbearance fell to 0.44% nationwide in June, with nearly 80% of that total citing pandemic-related reasons for their forbearance.

The FHFA reports that since the start of Fannie Mae and Freddie Mac conservatorship in September 2008, the GSEs have recorded 6.7 million-plus foreclosure prevention actions to date nationwide.

A recent Colorado Supreme Court decision held that a discharge in bankruptcy does not trigger the statute of limitations on a claim to foreclose based on a deed of trust.

ATTOM reports that foreclosure activity through the first six months of 2023 maintained an upward trajectory, nearing levels last recorded prior to the pandemic.

After nearly a decade with Mr. Cooper, Allison Batts joins Cenlar to lead the client management team and enhance the delivery of Cenlar’s services to meet the needs of its clientele.

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.

Attorney Robert Deisinger takes a look at a new measure in Illinois to seal foreclosure records that were initiated during the COVID pandemic foreclosure moratoria.

At the close of Q1 2023, Homeowner Assistance Fund programs made roughly $3.7 billion in payments to more than 318,000 homeowners at risk of foreclosure–a 50% increase over Q4 2022.

In a recent episode of SitusAMC's On the Hill podcast, host Tim Rood sat down with Five Star Institute Lifetime Achievement Award Wes Iseley of Carrington Holding Company to discuss his 40-year career, his role with Carrington, and his outlook for the housing industry.