A recent settlement in a Michigan court case provides new options for homeowners facing tax foreclosures. Click through to read the details.
Read More »PACE Financing Risks—A Fresh Look
Property Assessed Clean Energy financing has so far allowed more than 220,000 homeowners to make “green” improvements to their properties. A new report takes a closer look at whether PACE could impact increased chances of tax foreclosures.
Read More »Wells Fargo Gives Boston Homeowners a LIFT
Wells Fargo & Company, NeighborWorks® America, and its network member, NeighborWorks Southern Mass, expanded the NeighborhoodLIFT® program to the Boston area this year, with a $6.75 million commitment by Wells Fargo to boost homeownership in Essex, Middlesex, Norfolk, Suffolk, and ...
Read More »Financial Services Law Firms Navigate Modern Challenges
Steven C. Lindberg, Managing Partner, Anselmo Lindberg & Associates LLC, speaks to DS News about navigating a low-default environment, staying on top of compliance, and adapting to an evolving market. Editor’s note: This story originally appeared in the June issue of DS News.
Read More »Extending Foreclosure Protections for Homeowners
The Rhode Island legislature has voted to extend a law that requires mediation between mortgage lenders and homeowners before a foreclosure can be completed. Click through to learn more about the law, which was previously set to expire next month.
Read More »The Evolution of the REO Landscape
Patrick McClain, SVP of Hubzu Auction Services, talks to DS News about how the REO space has evolved in recent years, the challenges of operating amidst low foreclosure inventory, and how struggling homeowners are benefitting from options such as short sales.
Read More »Zombie Homes: Why Won’t They Die Out?
One lingering reminder of the housing crisis is the glut of zombie homes still cluttering some markets, especially those with judicial foreclosures. Click through to watch a short primer video on zombie homes, where they’re most prevalent, and why they’re so hard to kill.
Read More »Ocwen Joins NAACP in Loan Modification Outreach Program
Ocwen Financial Corporation, a leading financial services holding company headquartered in West Palm Beach, Florida, will again join forces with the NAACP to host a borrower outreach event in Philadelphia, Pennsylvania to help families having trouble making their mortgage payments. ...
Read More »Zombie Homes Webinar Addresses Abandoned Property Challenges
On Thursday, DS News and Altisource presented a complimentary webinar delving into the servicing, legal, and property preservation challenges presented by vacant and abandoned “zombie homes.” Click through to learn more, and to access a recording of the event if you missed it.
Read More »How Low Can Foreclosure Rates Go?
Foreclosure rates have continued to dwindle in recent months, and May was no exception. Click through to learn what milestone the national foreclosure rate crossed last month, and whether there are any changes on the horizon.
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