...due when a scheduled payment has not been made by the due date of the following scheduled payment. Mortgage servicers initiated 7,480 new foreclosures in the second quarter of 2023,...

...cash sales, purchased 16% of homes in August, the same share as in July and one year ago. Distressed sales—foreclosures and short sales—represented 1% of sales in August, unchanged from...

...discussed concerns and challenges around the requirement updates in GSE foreclosures—before, during, and after a lawsuit. Up next was the final panel discussion, “The Core of Diversity and Its Rewards,”...

...have a stronger market and are less exposed to market fluctuations. ATTOM said-these second-quarter patterns—derived from gaps in home affordability, underwater mortgages, foreclosures and unemployment—revealed that New Jersey and Illinois...

...foreclosures (REOs) in August 2023, up 1% from last month but down 15% from last year. States that had the greatest number of REOs in August 2023, included: Illinois (324...

...including contested real property foreclosures, commercial foreclosures, code violation lien remediation, tax deed sales and redemptions, quiet title, disputes with Homeowner and Condominium Associations, Condominium Terminations, eminent domain, and collections....

...programs and moratoriums on foreclosures created in response to the COVID-19 pandemic. Recent data from ATTOM Data Solutions’ Mid-Year 2023 U.S. Foreclosure Market Report reveals an increase in foreclosure starts...

...is: Providing a 90-day moratorium on foreclosures of mortgages insured by the Federal Housing Administration (FHA) as well as foreclosures of mortgages to Native American borrowers guaranteed under the Section...

...efforts successfully prevented myriad foreclosures during the pandemic and are continuing in earnest, which helps to explain why most in the default servicing industry are expecting foreclosure volume to increase...

...an increase in delinquencies and foreclosures, servicers and subservicers are doubling down on their special servicing efforts to support homeowners facing hardships,” Malik said. “I look forward to leveraging my...