Illinois judges ruled a $50 charge earmarked for prevention efforts violated free access, equal protection, due process, and uniformity clauses.
Read More »Increased Equity a Buffer for Struggling Borrowers
The home price surge led to a large increase in equity-rich households, and that could mean fewer foreclosures as forbearances expire.
Read More »Mortgage Professionals Face ‘Staggering’ Operational Challenges
Servicers confront complex instructions from regulatory agencies as they prepare for 1.2 million homeowners to exit forbearance plans in 2021.
Read More »FHA, FHFA Extend Eviction Moratoria Through September
The two agencies announced the renewal of protections for homeowners and tenants as a federal ban aiming to prevent a wave of homelessness expires this weekend.
Read More »Areas Facing COVID-Related Foreclosure Risk
The pandemic remains "a potent threat" to homeownership as well as home sales and values, according to Q2 2021 Coronavirus Report.
Read More »Foreclosure Activity at All-Time Low
Lenders started the process on 36,742 homes, a significant drop from the first six months of last year, but up from the latter half of 2020.
Read More »Tweaking the Loss Mitigation Toolkit
Partial claims, home equity, and 40-year loans—researchers home in on the keys to smoother forbearance exits and foreclosures.
Read More »Delinquency-Rate Milestone: First YOY Decrease Since March 2019
Researchers credit recovery on the jobs and income front with enabling more homeowners to resolve their unsettle-payment status.
Read More »The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?
After 17 weeks of declines in the number of forbearance plans nationwide, the MBA announces its latest survey findings on Tuesday, as a strong June jobs report could send more out of plans and back onto the road to economic recovery.
Read More »FHFA Increases Post-Foreclosure and REO Eviction Moratoria Protections
Following rules implemented by the CFPB, the FHFA has taken action to further shelter homeowners from foreclosure and eviction actions by mandating increased consumer protections.
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