Professors at Princeton University have found that a modest adjustment to eviction filing costs had a “clear and powerful effect” in the study, especially in majority-Black neighborhoods.
Read More »Breaking Down August Foreclosure Filing Report Data
August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.
Read More »Central Bank Agrees to Six-Year Partnership With Sagent
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.
Read More »Success for Servicers: Federal Summary Judgment Standard in Florida
Attorney R. Keith Ustler explains how a new Florida summary judgment standard makes a summary judgment motion an essential step in any litigation.
Read More »Rising Foreclosure Starts: Navigating The Challenges And Leveraging Innovative Solutions
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.
Read More »Capitol Hill Shines the Spotlight on Property Insurance
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.
Read More »Timothy Ofak Takes Lead of Weiner Brodsky Kider Litigation Practice Group
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.
Read More »Ginnie Mae’s MBS Portfolio Nears $2.5T in August
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.
Read More »Examining QC Trends in the Mortgage Servicing Space
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.
Read More »HUD Delivers Disaster Relief to Florida in Wake of Hurricane Idalia
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.
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