The 2020 figures represented the lowest level since ATTOM began tracking these numbers in 2005. Here’s how the numbers broke down.
Read More »$75 Billion in Flood Damages Linked to Climate Shifts
“The fact that extreme precipitation has been increasing and will likely increase in the future is well known, but what effect that has had on financial damages has been uncertain,” said one researcher.
Read More »Out-of-State Relocations for Retirees at Five-Year High
Nearly 400,000 American retirees moved their residences during 2020, the highest number in five years. According to a data study by the moving services website HigherAHelper.com analyzing the latest U.S. Census Bureau’s Current Population Survey, the number of relocating retirees ...
Read More »How Are Mortgage Delinquency Rates Changing?
Overall delinquency rates were highest in Hawaii and Nevada. Click through to learn how else the industry landscape has changed according to the latest CoreLogic data.
Read More »Garden State Considers Program to Mitigate High Foreclosure Rates
Funding for the New Jersey programs would come from a new $350 fee collected from purchasers of foreclosed properties at a sheriff’s sale.
Read More »HECM Volume Up 37.5% in 2020
Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of ...
Read More »Number of Homes for Sale at All-Time Low
San Jose and San Francisco saw the greatest increase in new listings, but here’s how the rest of the market is faring.
Read More »Altisource Poised to Assist Servicers and Borrowers Post Forbearance
The service provider’s new program aims to help borrowers avoid foreclosure through its Signature Seller Assisted Sale program.
Read More »Brandon McGee Joins BSI Financial as VP
In his new role, McGee will be responsible for the company’s MSR and portfolio acquisitions and overseeing and supporting the day-to-day management of the company’s growing servicing portfolio.
Read More »Anniversary and Additions at the CFPB
The Consumer Financial Protection Bureau (CFPB) announced, in a press release, the addition of both a Deputy Chief of Staff and an Assistant Director for the Office of Innovation. Ann Epstein will serve as the Assistant Director of the Office ...
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