Foreclosure

The firm announced Managing Partners for their expanding practice in all three states. Click through for further details.

Stanley Middleman, CEO, Freedom Mortgage, spoke with DS News on how the industry can assist borrowers and the differences in the last two economic downturns. This story originally appeared in the July edition of DS News.

The new digital platform is an end-to-end asset management disposition solution for residential foreclosure, short sale, REO, deed in lieu, CWCOT, and retail property auctions.

A report found an additional 79,000 loans went into forbearance plans, with servicers needing to pay more than $3 billion in GSE-backed loans.

Foreclosure starts and sales were down at the start of the year for loans backed by the GSEs.

Increasing forbearance rates are challenging servicers to keep up with concerns ranging from compliance to staffing to the use of subservicers. Editor's note: This story originally appeared in the June edition of DS News.

A study by Standford University reveals how foreclosures affect homeowners, renters, and landlords.

At the most recent level, mortgage servicers need to advance a combined $3. 4 billion a month to holders of government-backed mortgage securities on COVID-19-related forbearances.

In this episode of DS5: Inside the Industry, Raman Muralidharan, Head of Mortgage for HSBC discusses how servicers can assist homeowners leaving forbearance plans.

Illinois’ housing market was one of the weakest in the nation prior to 2020, and employment issues have heightened market uncertainty.