...FORCE Advisory Councils, REALTOR Professional Standards Committee, BOA Las Vegas Vendor Advisory Council, BOA National Short Sale Roundtable, Fannie Mae Vendor Advisory Board, Freddie Mac’s SmartTank, Nevada Foreclosure Mediation Program’s...
Read More »Search Results for: foreclosure
Mortgage Delinquency Rate Falls to 20-Year Low
...December 2020. Serious Delinquency (90 days or more past due, including loans in foreclosure):9%, down from 3.9% in December 2020 and a high of 4.3% in August 2020. Foreclosure Inventory...
Read More »PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners
...due to financial hardships related to COVID-19. Since the financial crisis, PHH Mortgage has helped more than 1.5 million U.S. homeowners avoid foreclosure, and has forgiven approximately $19 billion in...
Read More »Why Do So Few People Buy Affordable Properties at Auction?
...provides insight into the effects of online auctions. Ohio allowed online foreclosure sales beginning in 2017. The Ohio law did not require all foreclosure sales to move online immediately, but...
Read More »Rising to the Occasion
...is the date that drastically shifted the focus and practices of the mortgage servicing industry. In the face of the expanding COVID-19 pandemic, the government launched foreclosure moratoria and expanded...
Read More »Fitch: RMBS Servicers Largely Weathered the Pandemic
...in 2022,” said Richard Koch, Director and Primary Ratings Analyst at Fitch Ratings. “The wind down of foreclosure and eviction moratoriums and the potential impact to RMBS performance remain a...
Read More »Foreclosure Starts Jump Sevenfold
...delinquent prior to the economic impacts of COVID-19, and half from borrowers who became past due in March 2020 or later. While foreclosure starts have increased, the national foreclosure rate...
Read More »Vacant Homes Slowly Decline as Foreclosures Rise
ATTOM released its first-quarter 2022 Vacant Property and Zombie Foreclosure Report showing 1.4 million residential properties throughout the U.S. are vacant. Although foreclosures continue to rise, overall vacancy rates have...
Read More »CFPB Initiative to Address Home Valuations
...can also put family wealth at-risk, create reselling challenges, and may lead to higher rates of foreclosure. Homes can be overvalued for numerous reasons, such as housing prices inflating, including...
Read More »Kansas Storm Victims to Receive Federal Aid
...Washington Wichita Wyandotte Federal funding, provided by FEMA, is also available on a cost-sharing basis for hazard mitigation measures statewide. Effective immediately, HUD is: Providing immediate foreclosure relief in counties...
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