...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...

...SunTrust Mortgage, she created not one, not two, but three new departments to support the default servicing group, including Default Litigation, Mediations, and Title. Default Litigation manages nonstandard foreclosures and...

...plan to optimize growth and drive business development. Sharga discusses the potential 2021 foreclosure wave. He points out that the current recession is atypical. "I don't believe there is much...

...through foreclosure (REO), a 65% year-over-year decline. Lenders started the foreclosure process on 131,372 properties in 2020, down 61% from 2019. The states with the highest foreclosure rates in 2020...

...bill, said the bill to mitigate loss and stave off foreclosures from this wave of pandemic-impacted housing crises. “New Jersey’s foreclosure rate is still the highest in the nation, and...

...leave the market at risk of a possible wave of foreclosures. "At the peak in early June, 8.6% of all mortgage loans were in forbearance. Since then, forbearance levels have...

Despite federal and local efforts to halt foreclosures and evictions during a global health crisis, losing a home has become a real threat facing millions of Americans, especially as preventative...

...delinquency rates, and February went on record as a “generational low” for delinquencies and foreclosures. Until March, default servicing had been moving along at a dull hum. The next thing...

Foreclosure moratoria and forbearance programs eventually will come to an end, which could result in a foreclosure surge, say sources at Redfin. With a few factors at play, any such...

Some 18 million homeowners and renters are late to pay the monthly housing bill, and about a third of those expect to face eviction or foreclosure in the coming months,...