Serious delinquencies have spiked to the highest rate in some 21 years and double The Great Recession's January 2010 peak. Yet, foreclosures are at an all-time low. Here's what it all means.
Read More »Zombie Property Totals Down in Q4
Property data provider ATTOM Data Solutions Thursday reported that about 1.6 million residential properties, or 1.6% of all U.S. homes, are vacant. That is according to the Q4 2020 Vacant Property and Zombie Foreclosure Report, which offers a snapshot of ...
Read More »Updates on Statewide Foreclosure and Eviction Moratoria
The COVID-19 pandemic has been the impetus for federal foreclosure prevention measures. Many states also have taken their own measures. The legal-news site JDSupra has provided a summary of the most-recent statewide foreclosure and eviction moratoria updates. Its updates specifically ...
Read More »DS5: Housing Forecasts & the State of Foreclosure Auctions
In this week’s DS5: Inside the Industry, Auction.com’s VP of Market Economics, Daren Blomquist, shares his thoughts on where housing is headed and what effects the health crisis is having on foreclosure auctions.
Read More »Forbearance Rates Experience Biggest Weekly Drop Since Pandemic Began
This marked the first time since mid-April that the total number of forbearance plans were below the 3 million level. Here's what factors are in play.
Read More »MBS Performance at Five-Year Low
Efforts by the Federal Reserve to prop up the mortgage-backed securities (MBS) market do not appear to have worked as well as hoped, according to a new data analysis released by Bloomberg. As of Sept. 29, the Bloomberg Barclays U.S. ...
Read More »Headed for a ‘Foreclosure Surge’
A panel of real estate experts forecast what they anticipate for the final months of 2020, including a "substantial increase in foreclosures, short sales, and bank-owned properties." Here's what else they have to say.
Read More »FHFA Releases Latest Mortgage Relief Numbers
The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...
Read More »McMichael Taylor Gray Names Christine Cotton COO
McMichael Taylor Gray, a multi-state creditor’s rights law firm, announced the promotion of Christine Cotton to Chief Operating Officer.
Read More »Industry Webinar Spotlight: Mitigating Risk, CWCOT Changes
Revisit some of DS News’ complimentary webinars. From servicing risk to updates to HUD’s Claims Without Conveyance of Title program, click through to view our 2020 webinar lineup featuring insights from industry subject-matter experts.
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