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 ...
Read More »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.
Read More »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.
Read More »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.
Read More »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.
Read More »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.
Read More »REO Update: RES.NET Launches Asset Strategy Tools
RES.NET announced the availability of a new suite of asset strategy tools designed to maximize return on investment through the analysis of each asset.
Read More »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.
Read More »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.
Read More »Index Reveals a Rise In Foreclosure Activity
A recent report tracked bankruptcy, foreclosure, consumer confidence, and other data finding that foreclosures are increasing—and bankruptcies could be close behind.
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