...completes the foreclosure process—either through sale to a third-party buyer at the foreclosure auction or by reverting back to the foreclosing lender at the foreclosure auction. Of the inflow that...
Read More »Search Results for: foreclosure wave
Hispanic Influence on the Housing Market
...today if it weren’t for a tidal wave of Latino home buyers,” Gary Acosta, NAHREP’s co-founder and Chief Executive told WSJ. Despite the increases in homeownership, Hispanic homeowners are still...
Read More »Parts of a Whole in Default Servicing
...handling properties post-foreclosure has changed as well. “The same applies to post-foreclosure REO or even working with investors for buying or selling notes and managing real property,” Harris said. “Back...
Read More »Gathering Storm: Preparing Homeowners for Natural Disasters
...by JPMorgan Chase, found that disasters lead to broad, and often substantial, negative impacts on financial health such as credit scores, mortgage delinquency, and foreclosure rates. This makes it even...
Read More »FHFA: 30 Years of Protecting Homeowners
...low-credit-score borrowers, the paper indicated. According to FHFA, there is still no comprehensive account of the changes in mortgage risk that produced the worst foreclosure wave since the Great Depression....
Read More »Interpreting RESPA’s Regulation X
...of Financial Protection on January 10, 2014, and was designed to protect consumers when they apply for and have mortgage loans. Its enactment set off a wave of apprehension for...
Read More »Why Single-Source Vendors Could be the Future
Delinquencies and foreclosures are about to make a comeback and single-source vendors are poised to the future for servicers, according to Altisource. In “The State of the Servicer Industry in...
Read More »The Skies Ahead
...and tax-break stays for homesellers. “The changes to federal tax law haven’t resulted in a middle-class wave of homebuying activity,” said Rick Sharga, EVP, Carrington. Mortgage Holdings, LLC. “Anecdotally, it...
Read More »A New Tactic to Fight Zombie Homes
...Washington law is just the latest in a wave of recent legislation and regulation designed to combat zombie properties. Communities such as Oyster Bay, New York, have banned the use...
Read More »Bracing for a Sea of Change in Mortgage Servicing
...likely shape the marketplace in 2018 and for years to come. We canvassed the industry and spoke with experts to learn who is bracing for waves, and who’s ready to...
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