Foreclosure

ATTOM Data has released its new Q3 market trends report, highlighting which regions had the most zombie home activity, and which areas remain most at risk “if the overall housing market turns back downward.”

Click through for the latest updates on mortgage performance data, including breakdowns of the national delinquency rate, foreclosure inventory, and more.

The Southern District of Florida has adopted new guidelines establishing a flat fee of $525 for attorneys representing secured creditors in Chapter 13 proceedings.

In the latest installment of the Five Star Webinar Series, Five Star and Brookstone Management will host a discussion about combating blight, returning foreclosed properties to the market, and protecting property values. Tune in for insights from Brookstone, Fannie Mae, and U.S. Bank.

Ewing, New Jersey-based mortgage subservicer names S. Courtney Collier-Beyer, Ajanta Jain, William Keller, Austin Stoop, and Terry Webb to new Director positions, while promoting Jacob Foerter, Andrea Leisten, and Laura Ann Pontelandolfo to new roles.

Rehabbing a home for profit can be an extremely lucrative proposition, but only if the project is treated like a business, as tight profit margins leave little room for mistakes.

Attorney Geoffrey K. Milne details a recent case involving the state of Connecticut’s Emergency Mortgage Assistance Program (EMAP), a program intended to assist homeowners in avoiding foreclosure.

With an estimated 2,200+ structures reported destroyed or damaged in Hawaii, 86% of them residential homes, the GSEs are offering guidance for homeowners impacted in the region.

As the nation continues to struggle with inflation and high mortgage rates, Fannie Mae and Freddie Mac completed more than 5,100 permanent loan modifications in May, according to the latest FHFA Foreclosure Prevention and Refinance Report.

Marina Walsh, CMB, MBA’s VP of Industry Analysis, reported that “FHA delinquencies rose 10 basis points compared to year ago levels. … As the economy slows and labor market cools, homeowners with FHA loans are likely to feel the distress first.”