Foreclosure

The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...

While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute suggests that the poor performance of cash-out refinances, and refinances in ...

Fannie Mae has awarded U.S. Bank Home Mortgage with 2017 STAR recognition in two categories for the second consecutive year.

Citi’s Mortgage and Retail Bank has appointed three new executives to its Mortgage team.

The topic of zombie homes comes up often here on DS News, ranging from fast-track foreclosure legislation to rules about clearboarding and plywood bans. In February, New York Governor Andrew Cuomo announced that the state was buying up distressed mortgages ...

A California Bill intended to help build low-income homes is doing so on the back of borrower’s facing foreclosure. Here’s how.

This past January, PropertyShark’s annual foreclosure report revealed that New York City saw a year-over-year increase in foreclosed homes scheduled for auction of 58 percent and year-over-year foreclosure increases in every borough except Manhattan. Now PropertyShark has released their Residential ...

With markets across the country suffering from pronounced inventory shortages, it would seem that anything that puts more homes on the market would be a good thing. A new report by Pro Teck Valuation Services found delved into that thesis, ...

The House Financial Services Committee recently advanced a bill, H.R. 5082, that could have major implications for the default servicing industry, and most especially the law firms that work within it. The bill amends the definition of “debt collectors” under ...

Editor's note: This story was originally featured in the March issue of DSNews, out now. Roy A. Diaz is the Managing Shareholder of SHD Legal Group, P.A. in Fort Lauderdale, Florida. Diaz has been a member of the Florida Bar since 1988. ...