Tag Archives: COVID-19 pandemic

Taking a deep dive into Supplemental Partial Claims, Joseph Smith of Stretto explains the benefits and drawbacks they present in today’s mortgage landscape, and other considerations.

Taking a look back at the significant milestones it has achieved, HUD continues to focus on expanding access to homeownership, supporting home retention, and addressing racial bias nationwide.

After a roller-coaster two years, experts expect a ‘flat stretch’ over the next 12 months, according to a new report.

While the need for more staff increases during a rise in foreclosure starts, during quieter times, it becomes economically unviable to maintain a large staff. Travis Britsch discusses how unpredictable variability poses a daunting challenge for trustees and attorneys.

Ann Thorn, Wells Fargo’s Head of Home Lending Servicing, discusses takeaways from her first two years on the job and how her team is working to implement the bank’s vision for a much-reduced servicing portfolio.

“Some buyers are asking sellers for the sun, the moon, and the stars in addition to offering below the asking price, and some are requesting no extras because they’re so motivated to secure one of the few homes on the market,” said Boise, Idaho Redfin agent Shauna Pendleton.

Boise, Idaho and Austin, Texas experienced the biggest drops in home prices as U.S. median home sale prices fell 4.1% across the board. Click through to see what that decline represents.

During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.

Attorneys Laura M. Hawley and Michael P. Hogan examine a century of loss mitigation options for borrowers to remain in their homes and avoid foreclosure.

Adel Issa of Carrington Mortgage Services explains how quality mortgage servicing is critical as the housing market shifts.