A feared foreclosure surge seems less likely than some anticipate, according to research associates at the Urban Institute. Flatlining forbearance rates have generated concern among members of the media, causing...
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Decreased Delinquencies Only Tell ‘Part of the Story’
...of loans facing foreclosure starts remained unchanged over the past two quarters at .03%. "For the second consecutive quarter, homeowners' ability to make their mortgage payments improved," said Marina Walsh,...
Read More »Low Foreclosure Rates May Obscure ‘Market Reality’
Low numbers are attributed to CARES Act protections, but some states have reported an increase in foreclosure starts. Foreclosure activity is down—way down—but market perception isn’t market reality given the...
Read More »Tackling Bankruptcy Challenges for the Betterment of All Parties
...fresh start. That's what they're all trying to achieve. If the home gets abandoned in foreclosure in bankruptcy and they get dragged through foreclosure, even though the debtor isn't liable...
Read More »Most Valuable Company Profile: Auction.com
...platform for a pre-foreclosure is 15% higher than the highest offer received through the MLS—or, in dollars, an average of more than $28,000 higher. “By streamlining the pre-foreclosure sales process,...
Read More »FHFA Extends Foreclosure Moratorium, Forbearance Period
...extension of its foreclosure and eviction moratorium through March 31. That means a ban on single-family foreclosures for loans backed by Fannie Mae or Freddie Mac. FHFA says the REO...
Read More »Coalition Urges Congress to Boost Mortgage-Payment Assistance
...Program. The coalition says HUD-approved housing counseling agencies and legal assistance collectively help homeowners avoid foreclosure. It writes: "HUD-approved housing counseling agencies play a critical role in ensuring homeowners get...
Read More »Declining Delinquency Rate Points to ‘Increasing Stabilization’
...days past due. Numbers reported in CoreLogic's Loan Performance Insights, which include mortgages in foreclosure, represent a 2 percentage point increase in the overall delinquency rate compared to November in...
Read More »Foreclosures 2021: What to Expect in the Months Ahead
...is “there probably won’t be a foreclosure tsunami.” But mortgage servicers and other default servicing professionals should prepare themselves nonetheless. Some industry analysts have predicted a huge wave of foreclosures...
Read More »1.2 Million Mortgagers Fear Losing Their Homes
More than a million mortgagers in a recent survey said they fear they are at risk of eviction or foreclosure or being forced to move in the next 30 days....
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