The latest report from Epiq has found that new bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories.
Read More »Potentially Fraudulent Equitable Lien Foreclosures Continue to Plague Florida Courts
Florida courts have seen a rise in equitable lien foreclosures in what appears to be an attempt to defraud “unsophisticated and unsuspecting third-party purchasers at foreclosure sales.”
Read More »January Delinquencies Improve Across the Board
January performance data decreased by 10-basis points in the national delinquency rate over December.
Read More »Strong Jobs Market Forces Down Delinquencies and Foreclosures in 2022
According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.
Read More »National Mortgage Delinquency Rate Ends 2022 on the Rise
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to nearly 4% of all loans outstanding at the end of Q4 of 2022.
Read More »Connecticut Supreme Court Addresses Standing in Foreclosures
Attorney Geoffrey K. Milne discusses standing in a mortgage foreclosure, and the ramifications for both the lender and borrower.
Read More »HUD Assisted Nearly Two Million U.S. Homeowners During the Pandemic
HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.
Read More »January Foreclosure Filings Up 36% YoY
“The uptick in overall foreclosure filings nationwide points toward a trend that may suggest more increased activity is on the horizon as we enter the new year,” said ATTOM CEO Rob Barber.
Read More »Addressing the Paradox of Deceased Borrowers
Attorneys Thuy Frazier and Cole Patton discuss what happens when a borrower passes away before the underlying mortgage obligation has been satisfied.
Read More »NCLC Calls Upon GSEs to Stop Sale of Loans to Investors
According to the National Consumer Law Center, when the GSEs sell loans to private investors it can cause borrowers to lose protections to keep them out of foreclosure.
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