Foreclosure

A leading industry mortgage delinquency report for the second quarter of 2017 was recently released reflecting performance on conventional, FHA, and VA loans. Take a look at how delinquency rates compare.

Rick Sharga, EVP of Ten-X, held a live webinar on Tuesday to discuss his 2017 mid-year housing update and his views the state of the industry.

Wednesday, IndiSoft, a technology development firm that specializes in systems for the financial services industry, announced Camillo Melchiorre as President, focusing on the firm’s sales and marketing efforts. Sanjeev Dahiwadkar, who previously held the roles of President and CEO, will not be available to concentrate on IndiSoft’s strategic direction as CEO.

Formerly Hope LoanPort, HLP recently announced Mark Cole as their new President and CEO as well as member of the HLP board of directors. Cole is an industry veteran who has devoted his career to the non-profit sector.

Homeowners are getting better at paying their mortgage on time—at least in the second quarter of 2017. Take a look at how mortgage delinquency rates have bounced back since the recession.

The consumer bank card default rate nosedived in a big way, swiping the biggest dip in 12 months this past July. But noteworthy gains notwithstanding, plastic is still far from perfect.

Mortgage performance is perking up, thanks in large measure to our strengthening economy. But in a paradoxical twist, those same positive headwinds are creating a monetary maelstrom for many homebuyers, who lack the cash to lock a deal.

Foreclosures can be a messy process for all involved. But sometimes, the smallest change can have the biggest impact...

Properties that would have been foreclosures are not even making it to the courts. So, what has driven foreclosure actions downward for the first time in years?

Another mortgage lender/servicer has fulfilled its obligations under a settlement agreement with the Department of Justice. Read on to see which bank, as well as the terms of the deal. . .