DS News digs deeper into a recent California Court of Appeals finding could give loan servicers the ability to “clean up” any violations before going to sale.
Read More »The Week Ahead: Balancing Regulatory and Operational Changes as Foreclosure Volume Increases
An upcoming Legal League 100 webinar examines the operational changes that servicers must navigate in addition to the new rules and regulations governing their foreclosure business.
Read More »U.S. Negative Equity Decreases by 12% in Q2
While negative equity has dipped nationwide in the second quarter, the average U.S. homeowner has netted an average gain of $51,500 since Q2 of 2020.
Read More »Delinquencies Decline, Remain Elevated
Economists say educating struggling borrowers about private-sector and government assistance could be the key to returning to pre-pandemic late-pay rates.
Read More »The Impact of a Centuries-Old Doctrine on the Mortgage Market
The “Valid-When-Made” Rule is under attack in federal courts, and Legal League 100’s Special Initiatives Working Group and LL100’s Chairman Stephen Hladik break down its ramifications in an informative White Paper and webinar.
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 »FHFA Increases Post-Foreclosure and REO Eviction Moratoria Protections
Following rules implemented by the CFPB, the FHFA has taken action to further shelter homeowners from foreclosure and eviction actions by mandating increased consumer protections.
Read More »Lower-Income Households Face ‘Pronounced Adversity’ As Moratoria Expire
The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place following the declaration of the coronavirus pandemic. The announcement left ...
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »Number of Underwater Homes Took a Dip in Q1
Double-digit home price growth has driven down negative equity, as a new report has found that just 2.6% of all mortgaged properties are underwater nationwide.
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