Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 4.0% last month representing 30,848 filings of all types, ...
Read More »Unexplored Territory
The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.
Read More »One in 20 Americans Live in Inadequate Housing
The latest American Housing Survey conducted by the Census Bureau for the Department of Housing and Urban Development (HUD) has a disturbing statistic hidden among other larger findings—1 in 20, or 5%, of American homes don’t meet the standard of ...
Read More »Milliman: Expected Slowdown Driving Uptick in Mortgage Risk
According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates and a decline in originations and refinances. The index value ...
Read More »Servicers Brace for Rise in Foreclosure Activity
Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.
Read More »Moving Into the Eye of the Storm
Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.
Read More »Homes in West Virginia Most At-Risk of 100-Year Storm
While properties in Louisiana are most at-risk of flooding, an analysis of FEMA and Value Penguin data concluded that West Virginia had the highest percentage of homes that would be impacted in a 100-year storm.
Read More »House Passes Act to Expand Wildfire Insurance Coverage
House passage of new measure includes legislation to study the impact of wildfires, and explore more ways to protect homeowners.
Read More »Growing Cities May Be First to Feel Recession
It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas for the suburbs and beyond seeking less crowded and infected place with ...
Read More »U.S. Foreclosure Starts Up More Than 440% Year-Over-Year
That’s according to Black Knight data, which also reported a national delinquency rate of 2.84% in June, with foreclosure starts increasing nearly 30% during the month.
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