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Foreclosure

National Foreclosure Rate Remains Stagnant

According to Black Knight’s August Mortgage Data Report, national delinquency rates barely moved compared to July’s figures; however, delinquency rates in areas impacted by Hurricane Harvey rose 16 percent. Black Knight estimates that 6,700 new delinquencies will be attributed to ...

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A Decade of Change in the Mortgage Industry

In the 10 years since Auction.com launched as a brand, a lot has changed in our industry. Both traditional REO and foreclosure sales have made a paradigm shift in the way transactions are handled. Editor's Note: This feature originally appeared in the September issue of DS News, available now.

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Liens and Judgments Data: Not Gone for Good

Mortgage lenders rely on liens and judgments records to assess a borrower’s creditworthiness and capacity for repayment. For decades, they obtained this information in credit reports during the application process. But as of July 1 2017, the Nationwide Credit Reporting Agencies— Equifax, Experian, and TransUnion—began removing a large segment of the data from their reporting.

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Legal League 100: Professionalism Brings Success

Celebrating a decade of representing financial-services law firms and over 120 members, Legal League 100 met Wednesday for their Fall Summit. Five Star President and CEO attributed this success to one thing: professionalism.

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FHA Loans Could Lead to Portfolio Growth for Servicers

Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals, which showed that industry experts believed that FHA and VA loans in their respective portfolios would increase in the coming year.

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Mr. Cooper Supporting Customers Affected by Harvey and Irma

In the aftermath of a natural disaster, the dream of homeownership is shaken as people face the challenge of rebuilding their homes and their lives. But in the face of hardship, the industry continues to band together in various ways. This story is just one of many.

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The Week Ahead: The Five Star Conference and Expo

The Five Star Conference and Expo, the largest mortgage servicing and real estate conference in the nation, begins Monday, September 18th. See what will be happening at the conference as well as what else is to come in The Week Ahead.

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Drilling into Foreclosure Data

Delinquency rates are at a 10-year low, according to July’s CoreLogic Loan Performance Insight Report. See how low they’ve dropped, and other factors that could be boosting the economy.

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