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Tag Archives: Foreclosure Moratorium

Forbearances Continue Slow and Steady Improvement

According to Black Knight’s latest forbearance data analysis, a common trend continued as the number of active forbearances fell this week, driven by month-end expiration activity. Nationwide, the number of U.S. homeowners with forbearance plans stood at approximately 2.69 million ...

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DS5: Challenges Ahead for Foreclosure Attorneys

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For this week's episode of DS5, Marissa Yaker, Managing Foreclosure Attorney for Padgett Law Group, discusses how foreclosure practices are preparing for the months ahead, as well as how the industry can work together to ensure compliance and efficiency.

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Foreclosure Sales in West Down in May; Likely to Increase in June

Foreclosure sales decreased in all five Western states tracked by PropertyRadar--Arizona, California, Nevada, Oregon, and Washington--over the month of May. PropertyRadar attributes the decreases in foreclosure sales to new guidance from the Office of the Comptroller of the Currency. The guidance established minimum standards for handling borrower files subject to a foreclosure sale within 60 days. In California, foreclosure sales from Citi were down 50 percent, and foreclosure sales from Wells Fargo were down 75 percent over the month of May in California, according to PropertyRadar.

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