...than foreclosure, Haynie said. “And [the seller] could probably do pretty well in most places across the country, where home prices have rapidly appreciated.” Though he agrees the federal response...
Read More »Search Results for: foreclosure
Delinquencies on Pace for Return to Pre-Pandemic Levels
...for a total of 153,000 loans in active foreclosure today. "Widespread moratoria and extended forbearance utilization continue to limit foreclosure activity," Black Knight's researchers reported. Black Knight's latest forbearance report,...
Read More »The Week Ahead: Servicers Bracing for a Wave of Forbearance Exits
...inch closer to the lifting of the foreclosure moratoria, mortgage servicers are prepping for the surge in homeowners who’ll be coming out of forbearance plans. As part of this webinar,...
Read More »Consumer Harm & the Foreclosure Moratoria
...will have questions, confusion, and anxiety about the process. If servicers progress foreclosure actions based on systemic delinquency triggers while customers wait on hold to unwind such confusion, foreclosures will...
Read More »President Recognizes Pursuit of the American Dream
...protect homeowners and renters impacted by the pandemic, extending the moratorium on home foreclosures for federally-backed mortgages through the end of June. In addition to HUD, other government agencies have...
Read More »Uptick Reported in Forbearance Re-Entries
...Servicing during the webinar. “Once we do all of that and foreclosure is the only option we then seek, we are going to then, review all of the documents and...
Read More »Servicers Navigate the Post-Pandemic World
...Wharton, Interim Editor-in-Chief for The Five Star Institute, will lead an in-depth discussion on the education, assistance, and expedited options for pre-foreclosure property disposition, plus provide ways to assist homeowners...
Read More »The Week Ahead: Nearing the Forbearance Exit
...the estimate of 2.5 million homeowners just 60 days prior. And even though the foreclosure moratorium for homeowners has been extended by President Joe Biden through June 30, 2021, more...
Read More »Zombie-Property Numbers Are Rising
...behind the increase in Zombie foreclosures: First, the fact that most foreclosure starts today are on vacant and abandoned properties; and second, there were also almost 250,000 loans in foreclosure...
Read More »How Will the Market Respond to Expiring Forbearance Plans?
...latest episode Rood speaks with Mark Fleming, Chief Economist, First American Financial Corporation. They discuss the COVID-19 forbearance programs and foreclosure moratoriums, President Biden’s emphasis on increasing homeownership for minorities...
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