Loss Mitigation

The U.S. Mortgage Insurers (USMI), which is the trade association representing the nation’s leading private mortgage insurance companies, has announced the industry has transferred more than $55 billion in risk on nearly $2.8 trillion of insurance-in-force from 2015-2021.   This ...

Make sure that your Section 1304 notices do not include anything beyond what the statute expressly prescribes, and it is mailed in a separate envelope. Arsenio Rodriguez and Ali Degan Esq. from Stern & Eisenberg, P.C. explain this crucial detail.

NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.

An upcoming Five Star/Messagepoint webinar will discuss how perfecting communication processes with your clients will help in delivering an ideal borrower experience.

LexisNexis has released its first True Cost of Fraud for Real Estate study which examines fraud trends for the United States based on the answers of 360 risk and fraud management executives which found that mortgage lenders are especially vulnerable through online ...

With nearly 470,000 nationwide currently in forbearance plans, strong employment numbers are helping homeowners regain their financial footing despite lingering inflationary concerns.

An additional $20 million has been made available by HUD to 11 non-profits and governmental entities who provide legal assistance to low-income tenants at-risk of or subject to eviction.

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 10% last month representing 32,508 filings of all types, down ...

Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.

After getting her start on the legal side of the industry, Jane Kennedy brings 20-plus years of default management and loss mitigation experience to her new role with national mortgage services provider.