Fannie Mae’s Jacob Williamson discusses how the GSE’s REO repair strategy focuses on innovative solutions to help support the repair and upkeep of properties nationwide.
Read More »Nationwide Foreclosure Starts Hit Pre-Pandemic Levels
ATTOM has released its August 2022 U.S. Foreclosure Market Report, revealing a total of 34,501 U.S. properties with foreclosure filings —default notices, scheduled auctions, or bank repossessions— up 14% from a month ago, and up 118% from a year ago. ...
Read More »Property Preservation Experts to Meet at Upcoming Five Star Conference
As part of September’s Five Star Conference in Dallas, the Property Preservation Lab brings together individuals to discuss the challenges currently faced, while offering solutions to continue the prevention of urban blight.
Read More »Five Star Conference to Offer Foreclosure Education Lab
The upcoming Five Star Conference in Dallas will offer a session focused on the foreclosure space, how to prepare for increased volume, the impact firms may experience on workflow and hiring, and much more.
Read More »Are Delinquency Numbers Stabilizing?
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per ...
Read More »Early-Stage Delinquencies Push Up National Delinquency Rate
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for July 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate rose to ...
Read More »Florida Court Affirms Summary Judgment in Foreclosure Case
Attorney Roy Diaz discusses a recent Florida Court decision where an affidavit was insufficient in creating a genuine issue, and entered a foreclosure judgment in favor of Bank of New York Mellon against two borrowers.
Read More »Zombie Property Count Inches Up
The ever present “zombie property” now represents one in just 78 units as the Vacant Property and Zombie Foreclosure from ATTOM Data showed that there were 1,277,162 properties sitting vacant across the country during the third quarter of 2022. This ...
Read More »In Pursuit of a National Loss Mit Signing Solution
An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.
Read More »Have Forbearances ‘Reached a Floor?’
The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.
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