Foreclosure

A recent decision by a Kentucky Bankruptcy Court dismissed a debtor’s Chapter 13 case after several attempts to take advantage of the bankruptcy process.

That’s according to Black Knight data, which also reported a national delinquency rate of 2.84% in June, with foreclosure starts increasing nearly 30% during the month.

The default rate for first mortgages is at a recent high. Click here to see the overall credit default rate and how major cities fared last month.

Thirty-year bankruptcy specialist joins Pincus Law to serve as Managing Attorney of the firm’s default legal services practice in the state of Pennsylvania.

MBA reports the overall forbearance rate in June nearly plateaued, with just a four-basis-point month-over-month decline, as approximately 405,000 homeowners in the U.S. remain in forbearance plans.

DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.

ATTOM reports foreclosure activity creeping up over the first six months of the year, rising 153% year-over-year, but down just 1% from pre-pandemic times of just two years ago.

The Federal Housing Finance Agency (FHFA) has released its latest report on the sale of non-performing loans (NPLs) by Government Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs).  The latest edition of the Enterprise Non-Performing Loan Sales Report includes ...

Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.

New data from the first quarter continues to roll in as the Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022 by ...