...according to California Civil Code § 2923.6(c) for servicers who foreclose annually on more than 175 qualifying CA foreclosures and § 2924.18(a)(1) for those under 175. Both lenders and mortgage...
Read More »Search Results for: foreclosures
Closing the Homeownership Gap
...came in with twin overriding goals. I wanted to make access to credit fairer and more available, particularly to historically underserved communities, and I wanted to prevent unnecessary foreclosures. In...
Read More »HUD Details Disaster Relief for Mississippi Following Tornado
...Monroe, and Sharkey. The relief package includes a 90-day moratorium on foreclosures of Federal Housing Administration (FHA) mortgages as well as foreclosures of mortgages to Native American borrowers guaranteed under...
Read More »The Week Ahead: Maximizing Vendor Relationships
...that have raised the bar on vendor products, performance, and pricing. As moratoria lift and foreclosures pick up steam, there is much to be gained by servicers willing to re-evaluate...
Read More »REO Professionals Set to Gather in Vegas
...include: Commercial REO: Commercial real estate foreclosures are on the rise. This session will provide procedures and best practices from commercial REO experts sharing the knowledge and guidance needed to...
Read More »Lessons Learned From the Triumph of Pandemic Foreclosure Prevention
...2020 helped the U.S. housing market avoid an estimated 3.2 million foreclosure starts and 1.5 million completed foreclosures, according to a new Auction.com analysis. “(These are) much better results than...
Read More »Housing Market 2023: Predictions and Strategies
...subtle but dramatic shift. Between the first and third quarters, bidding became much more muted and conservative; buyers set their bids at around an 11% discount on foreclosures in Q1....
Read More »Large Cities Most Vulnerable to Declines
...Special Housing Risk Report which spotlights county-level housing markets that are more or less vulnerable to declines. This number is based on home affordability, foreclosures, and other measures recorded during...
Read More »Foreclosure Filings up 18% YoY
Foreclosures are a given in any market conditions, but as rates rise and the cost to borrow money becomes more expensive, foreclosures are becoming a much more common occurrence. According...
Read More »Potentially Fraudulent Equitable Lien Foreclosures Continue to Plague Florida Courts
Over the last few years, Florida courts have seen an increase in equitable lien foreclosures in what, based on Court filings, appears to be a prolific scheme to defraud unsophisticated...
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