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How Is ‘Seasonality’ Impacting Foreclosure Rates?

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ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure filing against it.  Default notices, scheduled auctions, and bank repossessions ...

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Mortgage Delinquency Data Update

foreclosure

CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022.  According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting all loans that were in some stage of delinquency. This ...

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Modernizing the Community Reinvestment Act

The Chairman of the House Financial Services Committee, Maxine Watters, has authored a public letter with the backing of 76 of her Democratic colleagues in the House of Representatives, the Board of Governors of the Federal Reserve, the FDIC, and ...

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The Silver Lining in a Greenfield Playbook

Because it requires a detailed strategy and high level of expertise to create a lean organization, the Greenfield Playbook can guide a mortgage servcier to formulating a cost-effective operation through digital technology.

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Housing Markets Transition Toward New Normal

New data from Realtor.com and the Wall Street Journal revealed the economy and housing markets are moving through a transition toward a new normal this summer, as consumers maintained an active pace of retail spending —even with surging inflation— as ...

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July Bankruptcies Fall 5% YoY

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 4.0% last month representing 30,848 filings of all types, ...

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SFR Market Grows in the First Half of 2022

Reporting a 13.4% year-over-year increase, a new study detailing the nation’s single-family rental market has found the industrial Midwest region driving market activity, with low rental prices and a rise in listings.

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