Foreclosure

The recent Legal League 100 Servicer Summit in Dallas brought together the nation’s top financial services law firms under the same roof as leading mortgage servicing executives to discuss default policies, procedures, and issues with leading mortgage servicing executives.

Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for May 2022, which looks at delinquency and foreclosure rates across the U.S.  According to Black Knight, the national delinquency rate fell to 2.75% ...

Releasing its new Special Housing Risk Report, ATTOM Data spotlights county-level data revealing that areas in California, Illinois, and New Jersey have the highest concentrations of counties that are in danger of economic declines in the near future.  Basing their ...

According to CoreLogic, the nation’s delinquency rate in the U.S. in March 2022 hit its lowest recorded point since at least January 1999, as found in its latest monthly Loan Performance Insights Report.   In March of this year, some ...

A recent Five Star/Messagepoint webinar discussed how redirecting the borrower communication process can reduce cycle times and costs, and deliver an enhanced borrower experience.

With foreclosure activity on the rise 13% quarter-over-quarter, Q2 marked the third straight quarter that the count of pre-foreclosure properties has risen since the end of the nationwide foreclosure moratorium.

Make sure that your Section 1304 notices do not include anything beyond what the statute expressly prescribes, and it is mailed in a separate envelope. Arsenio Rodriguez and Ali Degan Esq. from Stern & Eisenberg, P.C. explain this crucial detail.

On other fronts, April's numbers bucked trends for this time of year, with mortgage delinquencies hitting a “new record low.” Check out the latest data from Black Knight to see what factors are in play.

NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.

Auction.com finds that 55% of buyers believe their local market is overvalued and soon expect a market correction.