Five Star FORCE Advisory Council Chair Jim Hastings and Vice Chairman Steven Pagano share their thoughts and insight on the state of the industry and how FORCE members are sharing their tips and talents for the greater good.
Read More »Why Do So Few People Buy Affordable Properties at Auction?
The ease at which people could enter forbearance programs during the pandemic has caused a drastic drop in the number of distressed properties that are sold at auction. Now that many of these protections have expired some borrowers whom do ...
Read More »Rising to the Occasion
From regulatory scrutiny to the changing needs and preferences of borrowers, mortgage servicers have a lot on their plate in 2022. A pair of recent Five Star webinars examined the best ways forward.
Read More »16M U.S. Homes Remain Vacant Amid Housing Shortage
Although the housing market is still heating up, more than 16 million homes throughout the U.S. are sitting vacant, according to a new report from LendingTree. This poses the question, if so many homes are vacant, why are housing prices ...
Read More »Foreclosure Starts Jump Sevenfold
With the national foreclosure rate hitting its highest level since May 2021, foreclosure starts jumped to 32,900 loans in January.
Read More »Steve Stallard Launches Investor Claim Solutions
Kimberly Williams to serve as CEO of new entity after acquisition of Dimont & Associates LLC’s Investor Claims Division.
Read More »BSI Names Kelli Yarbrough SVP, Chief Lending Officer
Servicer, and REO and asset management services provider adds 20-plus year veteran to manage client relationships, create lending policies and procedures, and supervise loan management and marketing.
Read More »Foreclosure Completion Numbers Continue to Rise
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for January which has found that there was a total of 23,204 properties with foreclosure filings against them, up 29% from December (which saw 17,971 filings) and ...
Read More »HUD Applauds Settlement on the Maintenance of REO Properties
The Department lauds $53 million agreement on the upkeep of REO properties in Black and Latino communities.
Read More »Constant Preparedness in a Dangerous World
Angela Hurst of RES.NET and US Real Estate Services details ways the mortgage servicing industry can best balance pragmatic needs against a humane response to natural disasters.
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