...data that reaches about 50% of the foreclosure market along with MLS and public data, Auction.com released its fourth quarter Foreclosure Market Forecast which also found that completed foreclosure auctions...
Read More »Search Results for: foreclosure
Data’s Role in the Mortgage Industry
...decreased the chance of foreclosure. Using data and analytics to identify these factors helped drive better insights and support business decisions. There are many ways the mortgage industry embraced digital...
Read More »Breaking Down the Language Barrier
...against lenders who have violated its fair lending mandates. Now, with eviction and foreclosure moratoria ending and borrowers coming out of COVID-19 forbearance, mortgage servicers must be prepared to meet...
Read More »The Domino Effect
As 2022 approaches, property preservation companies are navigating through challenges presented by low foreclosure/REO volumes, navigating regulatory challenges posed by maintaining properties and preparing for an upswing in those volumes...
Read More »Zombie Foreclosures Decline in Q4
...pre-foreclosure properties, 7,432 sat vacant in Q4 of 2021. The share of pre-foreclosure properties that have been abandoned into zombie status dropped slightly from 3.5% in Q3 of 2021, to...
Read More »Foreclosure Starts Reverse Course in September
Citing the need to closely monitor foreclosure numbers after the Federal Foreclosure Moratorium expired in July, Black Knight has revealed a “first-look” at its data for September 2021. According to...
Read More »East Coast Properties More Likely to Suffer COVID-19 Woes
...of underwater mortgages and foreclosure rates. In 27 of the top-50 counties home ownership costs represented more than 30% of a person's monthly income. The highest percentages in those markets...
Read More »First Mortgage Default Rates: September Update
...a real-estate data company, released its Q3 2021 U.S. Foreclosure Market Report, which showed there were a total of 45,517 properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—up...
Read More »All Eyes on Risk
...(borrower information accuracy, borrower cooperation, payment history, loss mitigation status, and foreclosure & bankruptcy status), so clients can anticipate their expected return. Readiness Makes the Difference COVID-19 undoubtedly challenged the...
Read More »The Servicer’s Guide to Mortgage Blockchain Disruption
...investors/GSEs, regulators, and borrowers. Mortgage servicers can track borrowers’ payments, perform required monthly reporting to GSEs and other stakeholders, manage non-performing loans through loan mods, and manage potential foreclosure, REO,...
Read More »