Loss Mitigation

Federal and state financial regulatory agencies have issued a statement regarding how lenders, investors, and other financial players should respond to the recent Tennessee tornados.

According to a new report, states with high negative equity shares have also experienced low home price appreciation.

Looking further into 2020, here are the factors that could impact the volumes of abandoned homes across the country

The Federal Emergency Management Agency funds will be used for 116 projects related to the recovery and reconstruction of Puerto Rico.

These areas, after recovering from storms and wildfires, are starting to see their default rates decline drastically.

The storms destroyed numerous residential and commercial properties in the Nashville area.

The storms have destroyed at least 140 buildings and killed at least 22 people as of Tuesday, and have delayed Super Tuesday voting.

While the overall national delinquency rate has been shrinking, small and local economies are being left behind.

While the nationwide rate is still significantly less than in 2014, these areas states hold the highest zombie foreclosure rates.

While the pace of federally funded projects to help hurricane and earthquake victims has quickened, White House disaster recovery representative Peter Brown is worried about long term efforts.