Foreclosure

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.

These are the lessons that clearly jump out when reviewing foreclosure and home price data in the aftermath of the Great Recession of 2008 as well as more recent, regional market trauma caused by natural disasters.

Daren Blomquist, Auction.com's VP of Market Economics, said while forbearance has given homeowners a chance to "get back on their feet," foreclosure volumes are expected to rise.

With low-income homeowners being disproportionately impacted by the pandemic, how are federal programs helping these homeowners avoid foreclosure?

Additionally, mortgages more than 90 days past due remained at the lowest level since June 2000. Click through for more information.