Data from the S&P Dow Jones Indices and Experian examines the latest and compares mortgage default rates to those of bank cards and auto loans.
Read More »Foreclosure Rate Holds Steady
The end of the government moratorium could lead to a steady increase in default activity for the rest of the year, but not a surge, experts predict.
Read More »Putting Foreclosure Trends in Perspective
In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.
Read More »The Week Ahead: Nearing the Forbearance Exit
Over the past 60 days, the number of U.S. homeowners in forbearance plans has dropped from 2.5 million to nearly 2.1 million. Will improvements in the job market further expedite forbearance departures?
Read More »Concerns Grow as Foreclosure Moratoria Date Nears
An alarming number of homeowners and renters are worried they will soon face foreclosure or eviction as key dates loom.
Read More »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 ...
Read More »Lessons From the Last Great Recession
What takeaways did the previous economic downturn provide that can be applied to current attempts to assist struggling homeowners?
Read More »DS5: Challenges Ahead for Foreclosure Attorneys
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.
Read More »GSEs Announce Annual Eviction Moratorium
Fannie Mae and Freddie Mac will suspend evictions as the holiday season approaches.
Read More »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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