...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 their vendor rosters against new risk,...
Read More »Search Results for: foreclosures
January Delinquencies Improve Across the Board
...addition, foreclosure starts saw another month of increases, but still remain 37% below pre-pandemic levels. Active foreclosures are up 20% since January 2022, but they too remain nearly 20% below...
Read More »Strong Jobs Market Forces Down Delinquencies and Foreclosures in 2022
According to CoreLogic’s monthly Loan Performance Insights Report covering December 2022, just 3% of all mortgages in the country were in some stage of delinquency. This represents a 0.4 percentage...
Read More »Share of Vacant Homes in Foreclosure Increases for Fourth Straight Quarter
...the Coronavirus pandemic hit in early 2020, was lifted in the middle of 2021. Among those pre-foreclosure properties, 8,141 are zombie foreclosures (pre-foreclosure properties abandoned by owners) in Q1 of...
Read More »The Five Star Institute to Launch MortgagePoint Magazine
DS News was born out of the challenges and turmoil of the 2008 financial crisis, at a time when widespread foreclosures and REO volumes were reshaping the industry and exerting...
Read More »Inflation Will More Than Double “Seriously Delinquent” Mortgages in 2023
...are 90+ days or more in arears are considered “seriously delinquent” and usually trigger lender foreclosures. 2023 will be the year that households exhaust Covid income payments and increasingly rely...
Read More »Webinar Spotlight: Catch Up With Dives Into Servicing Tech, Consumer Data & More
...technologies that have raised the bar on vendor products, performance, and pricing. As moratoriums lift and foreclosures heat up, there is much to be gained by servicers willing to re-evaluate...
Read More »Connecticut Supreme Court Addresses Standing in Foreclosures
This piece originally appeared in the February 2023 edition of DS News magazine, online now. Servicers and their counsel have a definitive ruling from the Connecticut Supreme Court that the...
Read More »Expert Insights: Legal League’s Stephen Hladik and Kent McPhail
...issues, mortgage foreclosure rates, economics impacting foreclosures, rules impacting foreclosures, and court cases impacting foreclosures. So I thought, well, since there is not anything like that out there, why don’t...
Read More »How AI Will Enhance the Mortgage Servicing Industry
...Task 24 in the training manual, and what am I doing wrong? Legal: What is the most common issue we see with New York foreclosures during the legal process after...
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