...waiting for rates to cool before locking in their homes. Distressed sales—foreclosures and short sales—represented less than 1% of total home sales in April 2022, equal to the percentage seen...

...confirms Tritt’s track record of reselling renovated foreclosures to owner-occupant buyers. That analysis shows he has resold 74% of the properties purchased on Auction.com, and 91% of those resales went...

...and mortgage banking industries, handling a full range of regulatory compliance issues, legislative issues, residential and commercial foreclosures, retail closings, commercial transactions, commercial litigation, bankruptcies, evictions, and related litigation matters...

...saying “unprepared is unacceptable.” It said servicers should begin taking the necessary steps to prevent “avoidable foreclosures.” “There is a tidal wave of distressed homeowners who will need help from...

...with other servicers, he also managed foreclosures, bankruptcies, default reporting, reconveyances, loss mitigation, collections, and mortgage claims. “Doug Jorgenson has built a stellar reputation for leading servicing organizations forward in...

...caught up to pre-pandemic levels, consumers have not yet seen a surge of foreclosures from any backlogs. Details are also provided on the disposition of the 8.65 million mortgages that...

...fell by 3% from the month prior and are holding well below pre-pandemic levels. The number of active foreclosures edged slightly higher in March, marking the first year-over-year increase in...

...quarter and 188% from a year earlier. States that had the greatest number of foreclosures starts last quarter include: California (5,378 foreclosure starts); Florida (4.707 starts); Texas (4,649 starts); Illinois...

...the U.S. foreclosure rate declined compared to January 2021, the expiration of moratoriums in some states caused the number of foreclosures to rise from December 2021. Nevertheless, the January 2022...

...rate pre-pandemic, which was around 50,000. In the month of January, we saw about 56,000 foreclosure referrals. Obviously, there was a backlog of foreclosures because, for almost two years, foreclosure...