Loss Mitigation

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.

In the case of Sheen v. Wells Fargo Bank, the California Supreme Court ruled that borrower negligence claims can be limited. Attorney Jonathan D. Fink of Wright, Finlay & Zak, LLP discusses the importance of this decision.

According to CoreLogic, the nation’s delinquency rate in the U.S. in February 2022 hit its lowest recorded point since at least January 1999, as found in its monthly Loan Performance Insights Report.  In February of this year, some 3.2% of ...

As the CFPB swings into full enforcement mode with loss mitigation underway, Meghan Jones-Rolla of Mortgage Connect discusses how the industry is handling the Bureau’s mandate of “unprepared is unacceptable.”

With more than 25 years of experience, Dipak Joshi joins distressed residential investment properties provider to govern financial matters and expansion goals.

Under terms of newly issued Mortgagee Letter, the nation’s supply of affordable housing will be expanded, increasing homeownership opportunities for low- and moderate-income homebuyers.