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Tag Archives: Foreclosure

Looking for a Universal Solution

Law firm audits cost servicers millions of dollars annually while the firms spend tens of thousands of dollars per audit in employee time. The irony is that the bulk of the information requested is the same, so why hasn’t the industry been able to come up with a universal solution? It turns out the answer is already here.

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Maryland Case Puts the Brakes on Foreclosures

Editor's note: This story was originally featured in the January issue of DS News, out now. On June 6, 2017, the Court of Special Appeals, Maryland’s intermediate appellate court, issued an opinion in the combined cases of Blackstone v. Sharma, Sept. 2015 ...

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Total FHFA Prevention Actions Edge Close to 4 Million

Collectively, Fannie Mae and Freddie Mac sealed 18,034 foreclosure prevention actions back in October, bringing the combined total to 3,990,723 since the GSE conservatorships launched in September 2008, so says the Federal Housing Finance Agency’s (FHFA) October 2017 Foreclosure Prevention Report. By ...

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