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Loss Mitigation

Homeowners in Florida Brace for Irma

Hurricane Irma is speculated to hit Florida Sunday, but with uncertainties for the future of the National Flood Insurance Program, Florida may be in danger of experiencing the full consequences of lapsed insurance.

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Best Practices for Servicing FHA Loans

DS News sat down with John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, to talk about compliance with Federal Housing Administration loans, delinquency risks, and more in this exclusive interview.

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Property Loss: Harvey vs. Katrina

The housing industry has begun to project the extent of home destruction caused by Hurricane Harvey, but how do the damage assessments compare to that of Hurricane Katrina?

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Hurricane Harvey: Following the Flood

hurricane harvey

It has been three days since Hurricane Harvey made landfall off the coast of Texas, and shows little sign of letting up anytime soon. Houston, in particular, was especially ravaged by the deluge, which received 25 inches of rain in two days. But many properties with federally-insured mortgages sit outside Special Flood Hazard Areas, and aren’t required to have flood insurance . . .

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JPMorgan CEO on Trump

Jamie Dimon of JPMorgan Chase released an official comment in response to the disbanding of President Trump’s manufacturing and business advisory councils, outlining his thoughts on the responsibilities of a leader.

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What’s Wrong In Servicing?

foreclosure help

In a recent three-day online discussion, industry experts deliberated on the question “Are mortgage servicing costs, complexities, and risks impeding lending?” See what they had to say.

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