Home / News / REO (page 2)

REO

FHFA and Ginnie Mae Update Seller/Servicer Requirements

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

Read More »

Have Forbearances ‘Reached a Floor?’

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Read More »

How Is ‘Seasonality’ Impacting Foreclosure Rates?

REO bank owned

ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure filing against it.  Default notices, scheduled auctions, and bank repossessions ...

Read More »

Mortgage Delinquency Data Update

foreclosure

CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022.  According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting all loans that were in some stage of delinquency. This ...

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 »

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 »