Loss Mitigation

The default rate for first mortgages is at a recent high. Click here to see the overall credit default rate and how major cities fared last month.

Thirty-year bankruptcy specialist joins Pincus Law to serve as Managing Attorney of the firm’s default legal services practice in the state of Pennsylvania.

MBA reports the overall forbearance rate in June nearly plateaued, with just a four-basis-point month-over-month decline, as approximately 405,000 homeowners in the U.S. remain in forbearance plans.

DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.

Over the last five years, nearly $30 billion in storm and disaster related claims were not paid out by insurers, a number expected to rise as climate-related disasters become more common.

ATTOM reports foreclosure activity creeping up over the first six months of the year, rising 153% year-over-year, but down just 1% from pre-pandemic times of just two years ago.

Jim Albertelli and Stacy Mestayer of Voxtur explain why the housing slowdown could prove to be a boon for mortgage servicing.

The Secretaries of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) Marcia L. Fudge and Denis McDonough have made a joint announcement about the availability of $10.4 million of new money ...

The Federal Housing Finance Agency (FHFA) has released its latest report on the sale of non-performing loans (NPLs) by Government Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs).  The latest edition of the Enterprise Non-Performing Loan Sales Report includes ...

A new study, commissioned by HomeServices of America, outlines how changes to how real estate agent commissions are paid could negatively impact minority, first-time, and low-income homebuyers.