A New Jersey appeals court recently weighed in on a case involving a dispute over whether a foreclosing party that didn’t possess the note had standing to foreclose in the first place. Click through to learn the details of the case.
Read More »How Are Mortgages Performing in 2018?
A new report from the Office of the Comptroller of the Currency examines mortgage performance as of Q1 2018. Click through to learn more about current foreclosure rates, prevention actions, and other data crucial to the servicing landscape.
Read More »Fighting ‘Unconstitutional Foreclosures’ in Motor City
A new study accuses the city of Detroit of targeting low-income residents with inflated property tax assessments over the past decade, putting many of them in the crosshairs of foreclosure. Click through to read more about the case and its implications.
Read More »The Week Ahead: Exclusive Zombie Homes Webinar
On Thursday, June 21, at 2 p.m. CT, DS News will present an exclusive, complimentary webinar, sponsored by Altisource, diving into the property preservation challenges of abandoned "zombie homes." Here's what else is happening in The Week Ahead.
Read More »Evictions Webinar Explores PTFA Implications
A complimentary webinar from the Legal League 100 will dive into the recent restoration of the Protecting Tenants at Foreclosure Act, implications for evictions processes, and related matters servicers should consider moving forward. Click through for all the details.
Read More »Delinquency Rates Hit Pre-Crash Lows
Rates of delinquent mortgages have returned to levels seen before the housing market collapsed a decade ago. But don't forget, storm season is still ahead ...
Read More »State Supreme Court Issues Foreclosure Ruling
A recent ruling by the Wisconsin Supreme Court clarifies the rules regarding further foreclosure actions after an initial attempt has been dismissed by the courts. What potential implications does this case hold for the industry at large?
Read More »Untangling the Web of Foreclosure Complications
New legislation in Washington State aims to define how and when servicers can rescue abandoned properties—learn what the law entails and its possible nationwide impact. Editor's note: This story originally appeared in the June 2018 issue of DS News, out now.
Read More »Ocwen Borrower Outreach Focused on Foreclosure Avoidance
The servicer has announced three borrower outreach events designed to help families in the New York metropolitan area who are struggling to make their mortgage payments. Click through to learn more details about these events.
Read More »RoundPoint Moves Headquarters
RoundPoint Mortgage Servicing Corporation, a fully-licensed agency and non-agency subservicer of residential mortgages, has announced that it is relocating its headquarters to York County, South Carolina. The company’s $34 million investment is projected to create 1,100 new jobs. Located at ...
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