According to Courtney Thompson, SVP, Director of Default Servicing Operations, one of the biggest challenges in servicing right now is volume. In this Video Spotlight, find out how the low-volume environment is "creating a tension," and more.
Read More »Tax Foreclosures Under Scrutiny
The Michigan Supreme Court is being urged by critics to halt a state law that allows counties to “profit” from the sale of foreclosed properties. Click through to learn the whole story.
Read More »Are Loans Originated by GSEs Less Likely to Default?
A new report looks at mortgages originated by Fannie Mae and Freddie Mac and what factors could lead to an increase in default risk.
Read More »Default Rates Inching Upward Across the Board
S&P/Experian Consumer Credit Default Indices found changes in several default types, including mortgage defaults.
Read More »REO Activity’s Ups and Downs
Foreclosure activity has continued to decline, but these markets are bucking national REO trends.
Read More »Counsel’s Corner: Assisting At-Risk Borrowers
Heather Rogers, Managing Partner, Davidson Fink LLP, spoke to DS News on how the industry is impacted by the drop in foreclosures, what natural disasters have done to the market, and how she plans to move forward as the firm’s newest Managing Partner.
Read More »Discussing the Default Landscape
Leaders from financial services law firms and the servicing industry discussed hot topics that are impacting the default servicing landscape at the Legal League 100 Fall Servicer Summit during the Five Star Conference.
Read More »DTI’s Ties to Mortgage Default Rates
The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.
Read More »Foreclosure Activity’s Ups and Downs
Both repossessions and foreclosures increased in August, but according to a new report, some cities ran contrary to the national trend, posting increases.
Read More »Impact of the Economy on Default Risks
A new index assessing the risk of default for government-backed mortgages revealed the correlation between the current economic conditions and borrower risks.
Read More »