Home / Tag Archives: Foreclosure (page 39)

Tag Archives: Foreclosure

New York Buys Distressed Mortgages to Fight Zombie Homes

New York Gov. Andrew Cuomo has announced that the state, working through its Community Restoration Fund, has purchased 172 distressed mortgages in high-foreclosure areas, hoping to help keep the homeowners in their homes and avoid letting more abandoned properties fill ...

Read More »

Foreclosure Starts and Completions Hit 17-Year Lows

Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, Inc. However, that figure only tells part of the story. ...

Read More »

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.

Read More »

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 ...

Read More »

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 ...

Read More »