In a time of struggle, helping your customers get their finances back on track after mortgage forbearance may create customers for life.
Read More »National Mortgage Delinquency Rate Drops Again
CoreLogic’s Loan Performance Insights Report for September 2021 found that just 3.9% of all mortgages nationwide were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 2.4-percentage point decrease in delinquency compared year-over-year, when the ...
Read More »Property Tax Increases Force Rise in Foreclosure Rates
With home price appreciation on the rise, higher property taxes have pushed foreclosures up in Virginia, Georgia, and New York.
Read More »McCalla Raymer Leibert Pierce Adds New Partner
With more than 18 years of experience in the default servicing sector, Mark Rothfuss joins firm to head up the Ohio and Kentucky Foreclosure and Litigation Practice.
Read More »Active Forbearance Numbers Continue to Fall
Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans. According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...
Read More »Foreclosures Tick Downwards In November
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year. The news was ...
Read More »A Keen Eye
It’s critical to correctly value distressed assets as they come out of foreclosure. Ken Dicks, Director of Appraisal Compliance & Initiatives for Reggora, shares his perspective with DS News this month.
Read More »Bankruptcies Continue to Hover Near All-Time Lows
Data from the LegalShield Economic Stress Index reveals sharp decline in homebuilding and sales trends while consumers are feeling the effects of rising inflation.
Read More »Foreclosure Starts Increase in October
The number of new foreclosures were up in October, however the amount of mortgages considered “past due” dropped by over 10%
Read More »Homeowner Engagement Vital to Forbearance Crisis
John Dunnery of Community Loan Servicing found that the servicing sector took lessons from the past and employed them to deal with the pandemic. He shares his thoughts in an exclusive chat with DS News.
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