Tag Archives: Foreclosure

State lifts restrictions in exchange for fine and debt forgiveness; company admits no wrongdoing.

According to a white paper released on Monday, when it comes to fighting community blight clearboarding pulls ahead of plywood in terms of preserving property values and lowering crime.

The legislation would allow lienholders to use certain documents from the defendant’s bankruptcy case as evidence that the intention was to surrender the property.

DS News recently reported on the spike in foreclosures observed in the month of October. Which states are still struggling with high levels of foreclosure filings?

A new report from ATTOM Data Solutions shows that though men may make more money than women, women do a better job of avoiding foreclosure.

With foreclosure starts being at their lowest level since 2000, Fannie Mae reports that the major drop in foreclosures can be tied to a number of economic factors, but the major reason is the jobs market.

Black Knight Financial Services, Inc. recently released the “first look” at July 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Fannie Mae recently release the latest Servicing Guide with updates including allowable foreclosure attorney fees for New York, suspending foreclosure proceedings for a streamlined modification offer, and servicing government mortgage loans.

Write-off rates are returing to pre-crisis "normals" according to Equifax Inc release of its June 2016 Equifax National Consumer Credit Trends Report.

For those in the mortgage and servicing industry, the foreclosure process, though different in every state can be simplified into a process that is familiar to all. But when discussing foreclosures in other countries, how are those processes similar to that of the U.S.?