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.
Read More »Easing Foreclosure Flood Fears
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?
Read More »CFPB Gauges COVID-Related Borrower Challenges
Two new reports measure what mortgage borrowers are experiencing with their lenders and servicers during the time of the pandemic.
Read More »Forbearance Volume Continues Downward Trend
Bright spots in employment and the economy are driving more and more Americans out of forbearance plans.
Read More »Metros Most Vulnerable to COVID-19’s Fallout
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 ...
Read More »Michael Anselmo Joins the Codilis Family of Firms
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.
Read More »Reaction to CFPB’s Proposed Foreclosure-Avoidance Actions
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.
Read More »Ali Haralson Promoted to President of Auction.com
“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.”
Read More »Latest Look at Foreclosure Trends
Extensions to the Federal Government’s foreclosure moratorium and CARES Act mortgage forbearance program are keeping a wave of foreclosures at bay.
Read More »Active Forbearance Numbers Trending Upward
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.
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