Foreclosure

The number of equity-rich homeowners continues to rise, but for the small percentage of underwater borrowers the risk of foreclosure looms doubly large, data analysts explain.

Government agency actions related to economic fallout from the coronavirus pandemic have kept foreclosure filings in America low, but what will happen when certain allowances expire? 

Two new reports measure what mortgage borrowers are experiencing with their lenders and servicers during the time of the pandemic.

Bright spots in employment and the economy are driving more and more Americans out of forbearance plans.

States along the East Coast, Connecticut through Florida, as well as Illinois, are more vulnerable to the effects of the Coronavirus pandemic and its continuing impact on the U.S. economy, according to a Q1 2021 Special Coronavirus Report published by ...

On joining the Codilis Family of Firms, Anselmo stated, “I am extremely pleased to be joining a firm with such a resoundingly positive reputation, and for having the opportunity to take part in this dynamic teams’ solidarity.

While the Bureau has received industry support, some servicers believe that delaying foreclosures and creating more regulations builds undue pressure on consumers and the nation's housing market.

“It’s a very special historical milestone for Auction.com to promote its first woman president, and to do so during Women’s History Month,” Allnutt said. “Nothing better represents our commitment to recognizing and promoting fantastic talent, while creating a more diverse and inclusive company.”

Extensions to the Federal Government’s foreclosure moratorium and CARES Act mortgage forbearance program are keeping a wave of foreclosures at bay.

The number of active forbearance plans is on the rise, as a critical deadline looms where nearly 600,000 seriously delinquent borrowers near the end of their forbearance terms.