...partners, works extremely hard to avoid foreclosure whenever possible and to keep families in their homes. However, foreclosures can’t always be avoided. The question about what happens after a foreclosure...
Read More »Search Results for: foreclosures
Legal Trends, Challenges in the Servicing Industry
...emphasis on evictions, bankruptcies, non-judicial foreclosures, and judicial foreclosures. Carter has been called upon to speak at a variety of mortgage industry events, including the Legal League 100. She is...
Read More »What’s Holding Black Homeownership Back?
...to experience foreclosures than those in white communities, respectively. What has led to the flat black homeownership rate, even in recent times? According to Wake, the answer is an “inelastic...
Read More »How the Great Recession’s Foreclosures Impacted Voter Turnout
...to this idea that people facing insecurities didn’t have the efficacy to go to the polls,” said Amber Wichowsky, an Associate Professor at Marquette. Additionally, the study found that foreclosures...
Read More »Tackling Foreclosure Challenges in Motor City
According to a recent study from Quicken Loans, property tax foreclosures in Detroit are at a 14-year low. In 2018, 2,920 properties faced property tax foreclosure auction, down from 6,052...
Read More »Minimizing Disaster Impact on Defaults When Tornadoes Strike
...tornadoes, and hurricanes can lead to mortgage defaults, and CoreLogic notes that delinquency and foreclosures typically spike in an affected area following a disaster. “The financial impact of underinsurance touches...
Read More »Obligations Fulfilled for Goldman Sachs’ Mortgage-Backed Securities Settlements
...of distressed properties and foreclosures. Goldman Sachs also reached settlements with the National Credit Union Administration Board and the Federal Home Loan Banks of Chicago and Des Moines. The settlements...
Read More »GSE Q1 Update: From Foreclosures to Mortgage-Backed Securities
Fannie Mae and Freddie Mac released their Q1 2019 financial results on Wednesday. Fannie Mae reported a net income of $2.4 billion and comprehensive income of $2.4 billion, while Freddie...
Read More »State Senate Kills Foreclosure Notification Bill
...up the court decision. Opponents of the bill also argued that procedures developed by the Consumer Financial Protection Bureau have already created guidelines for banks to follow during foreclosures, though...
Read More »How Climate Change Is Driving Foreclosure and Delinquency
...effects of climate change-driven natural disasters on residents’ financial health, as measured by credit scores, credit card debt, debt in collections, bankruptcies, foreclosures, and auto debt. According to the report,...
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