Foreclosure

What takeaways did the previous economic downturn provide that can be applied to current attempts to assist struggling homeowners?

As Congress remains deadlocked on latest coronavirus relief package, a new study anticipates worst-, middle-, and best-case outcomes for foreclosure rates.

The Agency provided new guidance for its Borrower Protection Program, announcing an extension for the purchase of qualified loans in forbearance

With the economy still reeling, how are delinquency and forbearance rates changing? Click through for the latest data.

For this week's episode of DS5, Marissa Yaker, Managing Foreclosure Attorney for Padgett Law Group, discusses how foreclosure practices are preparing for the months ahead, as well as how the industry can work together to ensure compliance and efficiency.

Join DS News next week for a high-level exploration of the CWCOT program changes enabled by the recent HUD mortgagee letter.

Two New York lawmakers worked together to pass a new law aimed at helping municipalities avoid neighborhood blight due to abandoned properties.

The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages.

A new report says some within the industry are calling for FHFA to shield them from losses they will incur due to mortgage forbearances amid the pandemic.

Commentary on this report says accommodations by the industry helped “thwart a material breakdown” in delinquency performance.