Foreclosure

Continuous learning is a necessity for professionals in the servicing and mortgage industry. With this in mind, the Five Star Academy (FSA), a Five Star Institute brand, recently launched a learning platform with independent certification programs and courses written by experts from ...

According to the latest installment of CoreLogic’s monthly Loan Performance Insights Report, nationally 5.3 percent of mortgages were in some stage of delinquency during December 2017. That figure includes mortgages in foreclosure. The total is exactly the same percentage as ...

Reverse mortgages have become a popular—and sometimes controversial—way for Americans to make use of the accrued equity in their homes, especially for older homeowners. The latest controversy surrounds HUD foreclosures on homes participating in the home equity conversion mortgage (HECM) ...

As California approaches the election for its new governor, its candidates have to face a big problem in their home state: housing. How will the leading candidates tackle the issues of housing shortages and rising prices in their home state?

Ohio was at the forefront of the housing crisis that the nation has been working to recover from for the past decade. According to a 2016 report by Policy Matters Ohio, there were 40,479 new foreclosure filings in Ohio in ...

One of the most important elements of the foreclosure process is adhering to regulations for the area in which the foreclosure is occurring. Given that foreclosure law varies wildly from state to state, staying abreast of new developments can be ...

Tulsa, Oklahoma-based BOK Financial Mortgage, a division of BOK Financial, has named mortgage veteran Lee Wardlow to lead the company’s loan servicing business. Wardlow most recently served 15 years in a mortgage servicing leadership role at Bank of America in ...

A new brief released by the Urban Institute explores ways to improve Federal Housing Administration (FHA) foreclosure timelines and conveyance processes so as to drive down costs and make things more efficient. The brief is the third in a series ...

The U.S. Treasury cut a disaster relief loan to Puerto Rico by over 50 percent this week, according to the island’s Gov. Ricardo Rossello. This relief fund of $4.7 billion was provided in October, during the aftermath of Hurricane Maria, ...

The Philadelphia City Council recently introduced a bill to help prevent reverse mortgage foreclosures when a homeowner is in a payment agreement for real estate taxes on their homes. As a requirement for a reverse mortgage, borrowers must remain current ...