...real estate data conglomerate that produced the January 2023 U.S. Foreclosure Market Report. "While both completed foreclosures and foreclosure starts have stalled slightly over the past month, the annual increase...
Read More »Search Results for: foreclosures
Addressing the Paradox of Deceased Borrowers
...in the country. In most cases, that’s accurate. For the vast majority of nonjudicial foreclosures, the entire process can be completed within 60-90 days. Compared to the year or more...
Read More »FHA & CFPB Urged to Create Additional Reverse Mortgage Protections
...people of color have been the most popular user of reverse mortgages and thus the most likely to go into foreclosure. This crisis of preventable reverse mortgage foreclosures is important...
Read More »A Review of Contested Foreclosure Appeals in Pennsylvania
...issued by the Superior Court relating to foreclosures. Amongst the issues that continued to arise in 2022, contested foreclosures are standard defenses related to standing or issues on motion for...
Read More »Webinar Spotlight: Servicing Tech, Mortgage Data & More
...that have raised the bar on vendor products, performance, and pricing. As moratoriums lift and foreclosures heat up, there is much to be gained by servicers willing to re-evaluate their...
Read More »The Tools and the Talent
...inflation and high mortgage rates continue to impact housing affordability. As a result, the number of foreclosures across the United States has risen 143% from a year ago, according to...
Read More »Existing-Home Sales Experience Slight Dip in December
...2021. Distressed sales – foreclosures and short sales – represented 1% of sales in December, virtually unchanged from last month and one year ago. According to Freddie Mac, the 30-year...
Read More »Did You Ever Wonder What It Takes to Enjoin a Foreclosure Sale?
This piece originally appeared in the January 2023 edition of DS News magazine, online now. With inflation on the rise and the economy slowing, foreclosures are unfortunately likely to increase....
Read More »The Hurdles Ahead
...need strong subservicing and servicing partners experienced in default management, encompass everything from special forbearance to loan modifications and other default resolution options aimed at avoiding costly foreclosures. The end...
Read More »December Foreclosure Filings Double Year-Over-Year
...prevent millions of unnecessary foreclosures.” ATTOM’s dataset includes filings from more than 3,000 counties covering 99% of the population. In December alone, foreclosures increased at a rate of less than...
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