Tag Archives: Foreclosure

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.?

CFPB has proposed a set of consumer protection principles to guide mortgage servicers, investors, government housing agencies, and policymakers as they develop new foreclosure relief solutions.

Housing counseling as a resource to reduce the need for loan modification and foreclosures has been shown to be very beneficial since the housing crisis, but is there still more housing counseling can do to further impact homeowners?

Vacant and abandoned properties are a growing problem nationwide. In New York, one of the states hit hardest by the foreclosure crisis, the Attorney General wants to do something about it.

Foreclosure alternatives continued to outpace foreclosure sales by nearly four to one and shows the wide range of options available to homeowners in both the short and long term.

The foreclosure rate remains twice that of the national long-term average and CoreLogic attributes it to the individual state rates. Here are the top 10 states with the highest rates of foreclosure.

Colorado’s attorney general has won a procedural victory against one firm in her state over alleged deceptive foreclosure practices. But were the firm's practices really deceptive?