Foreclosure

“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.”

Extensions to the Federal Government’s foreclosure moratorium and CARES Act mortgage forbearance program are keeping a wave of foreclosures at bay.

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.

A legal expert discusses why this is good news for mortgage servicers and how it provides a “clear, bright path” forward for cases that may have been snared by potential statute of limitations concerns.

Founded in 2007 in the then-new field of online real estate disposition. It has since become the industry’s leading online distressed real estate marketplace. Learn more in this latest Most Valuable Companies profile.

More than a million mortgagers in a recent survey said they fear they are at risk of eviction or foreclosure or being forced to move in the next 30 days. Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA) ...

Being underwater on a mortgage can lead to foreclosure, so the "good news" is that "fewer homeowners across the country are underwater on their loans,” property-data experts say.

According to one legal expert, servicer response to New Jersey Governor Phil Murphy's Executive Order 106, though well-meaning, could potentially create more problems than it resolves.

The Federal Housing Finance Agency (FHFA) released the Federal Property Manager’s 21-page Foreclosure Prevention, Refinance Report for October 2020. The full document details the entire month, but here are some highlights.  When it came to refinancing, October continued to raise numbers. A record-breaking ...

President-elect Joe Biden last week provided a $1.9 trillion plan for rescuing the U.S. economy. Housing industry insiders and other American's have responded to key housing-related areas of the package including individual stimulus checks in the amount of $1,400 (in ...