State lifts restrictions in exchange for fine and debt forgiveness; company admits no wrongdoing.
Read More »Not all Materials are Created Equal
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.
Read More »Florida Bill Would Expand Lienholders’ Rights
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.
Read More »10 States With the Highest Foreclosure Filings
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?
Read More »Foreclosure Rate Higher for Men vs Women
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.
Read More »Are Low Foreclosure Rates Due to the Job Market?
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.
Read More »First Look at the Mortgage Performance Stats
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.
Read More »Fannie Mae Updates Foreclosure & Modification Servicing Guides
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.
Read More »Write-Off Rates Return to Pre-Crisis Levels
Write-off rates are returing to pre-crisis "normals" according to Equifax Inc release of its June 2016 Equifax National Consumer Credit Trends Report.
Read More »Foreclosures: A Global Perspective
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.?
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