Foreclosure

As California approaches the election for its new governor, its candidates have to face a big problem in their home state: housing. How will the leading candidates tackle the issues of housing shortages and rising prices in their home state?

Ohio was at the forefront of the housing crisis that the nation has been working to recover from for the past decade. According to a 2016 report by Policy Matters Ohio, there were 40,479 new foreclosure filings in Ohio in ...

One of the most important elements of the foreclosure process is adhering to regulations for the area in which the foreclosure is occurring. Given that foreclosure law varies wildly from state to state, staying abreast of new developments can be ...

Tulsa, Oklahoma-based BOK Financial Mortgage, a division of BOK Financial, has named mortgage veteran Lee Wardlow to lead the company’s loan servicing business. Wardlow most recently served 15 years in a mortgage servicing leadership role at Bank of America in ...

A new brief released by the Urban Institute explores ways to improve Federal Housing Administration (FHA) foreclosure timelines and conveyance processes so as to drive down costs and make things more efficient. The brief is the third in a series ...

The U.S. Treasury cut a disaster relief loan to Puerto Rico by over 50 percent this week, according to the island’s Gov. Ricardo Rossello. This relief fund of $4.7 billion was provided in October, during the aftermath of Hurricane Maria, ...

The Philadelphia City Council recently introduced a bill to help prevent reverse mortgage foreclosures when a homeowner is in a payment agreement for real estate taxes on their homes. As a requirement for a reverse mortgage, borrowers must remain current ...

Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight, Inc. Black Knight cites calendar-related effects and a continued decrease in hurricane-related delinquencies ...

Although they did see a small uptick as last year ended, first mortgage default rates remained flat year-over-year, according to the S&P/Experian Consumer Credit Default Indices covering data up through January. According to the S&P/Experian Consumer Credit Default Indices released ...

Abandoned “zombie homes” are a problem in many communities, driving down property values, attracting crime, and often creating safety risks such as fire hazards. Communities battle zombie homes and related urban blight in a variety of ways, ranging from fast-track ...