...majority of plans have a 12-month cap on payment forbearance, and the various moratoriums which have kept foreclosure actions at bay over the past 10 months may be lulling us...
Read More »Search Results for: foreclosure
NY Court of Appeals Rules on Foreclosure Deceleration, SOL
The State of New York Court of Appeals on Thursday released a decision impacting several cases related to the statute of limitations (SOL) timelines for foreclosures within the Empire State....
Read More »Mixed Reactions to Biden’s Foreclosure-Ban Extension
Earlier this week, President Joe Biden announced an extension of the moratorium, previously slated to end March 31, on home foreclosures for federally backed mortgages through the end of June....
Read More »Loss Prevention Program for D.C. Homeowners Re-launches
A Washington, D.C. program founded during the foreclosure surge that stemmed from the Great Recession has re-launched, in an effort to help homeowners experiencing COVID-related struggles. As part of the...
Read More »Fitch Ratings: RMBS Market Faces Uncertainty
...on stemming the tide of the global pandemic, foreclosure moratoriums and forbearance plans will likely continue to be extended until lockdowns are lifted and local economies and jobs recover. That...
Read More »White House Foreclosure Ban Extension to ‘Deliver Immediate Relief’
President Joe Biden Tuesday announced an extension of the moratorium on home foreclosures for federally backed mortgages through the end of June. The foreclosure halt previously was slated to end...
Read More »FHFA Increases Actions to Prevent Home Loss
...of 19% to 602 in third-party foreclosure sales. In November, foreclosure starts descended 38% to 1,540 in November. The million-dollar questions that everyone in the industry is asking right now...
Read More »Metros With Increasing Foreclosure Activity
On average, foreclosures across the country have been much lower than they were a year ago. However, according to ATTOM Date Solutions, foreclosure starts are on the rise in a...
Read More »4 Hallmarks of an Exceptions SFR Services Provider
...come through foreclosure, investors need to be able to trust their partner to address everything that has transpired prior to their acquiring the asset, and to get outstanding title issues...
Read More »The Week Ahead: Mortgage Servicing in Coming Months
...Bank will discuss the following sub-topics: The ongoing impacts of forbearance and foreclosure moratoriums Evolving needs of default customers (government loans vs conventional loans) How are servicers thinking of staffing...
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