Foreclosure

The ever present “zombie property” now represents one in just 78 units as the Vacant Property and Zombie Foreclosure from ATTOM Data showed that there were 1,277,162 properties sitting vacant across the country during the third quarter of 2022. This ...

An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Delinquency rates hit an all-time low during the second quarter of 2022 finally settling at a seasonally adjusted rate of 3.64% of all outstanding residential loans according to the latest iteration of the National Delinquency Survey published by the Mortgage ...

ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure filing against it.  Default notices, scheduled auctions, and bank repossessions ...

CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022.  According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting all loans that were in some stage of delinquency. This ...

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 4.0% last month representing 30,848 filings of all types, ...

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates and a decline in originations and refinances.  The index value ...

Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.