Five Star’s inaugural REO Connect event will serve as a hub for industry professionals committed to making the REO process profitable, efficient, and effective at eliminating blight from neighborhoods nationwide.
Read More »Lessons Learned From the Triumph of Pandemic Foreclosure Prevention
During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.
Read More »The Litigation Bully: Vexatious Litigation
Robert A. Riether Esq. takes a closer look at vexatious litigation, and its impact within the legal system in the states of Arizona and Nevada.
Read More »CFPB Reports on Illegal Fees Levied by Mortgage Servicers
The Bureau’s new Supervisory Highlights report examines ways in which some mortgage servicers have attempted to run-up unlawful fees charged to homeowners.
Read More »Foreclosure Filings up 18% YoY
According to ATTOM data, foreclosure filings continued to trend down slightly month-over-month but remained significantly elevated year-over-year. Click through to learn what the latest data forecasts for the months ahead.
Read More »Affordability Struggles Weaken Housing Market
The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new homes sold for less than $300,000 in Q4 2022.
Read More »February Bankruptcy Filings Rise YoY
The latest report from Epiq has found that new bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories.
Read More »Potentially Fraudulent Equitable Lien Foreclosures Continue to Plague Florida Courts
Florida courts have seen a rise in equitable lien foreclosures in what appears to be an attempt to defraud “unsophisticated and unsuspecting third-party purchasers at foreclosure sales.”
Read More »January Delinquencies Improve Across the Board
January performance data decreased by 10-basis points in the national delinquency rate over December.
Read More »Strong Jobs Market Forces Down Delinquencies and Foreclosures in 2022
According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.
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