Litigation Partner Adam Diaz discuses a recent Florida District Court of Appeals decision involving a family defaulting on their HELOC.
Read More »February Foreclosure Starts Dip Following Prior Month’s Spike
According to Black Knight's “first look” at February 2022 mortgage data, the January surge reversed course in February, but even the higher number still trailed pre-pandemic levels. Here's what else the data reveals
Read More »Mortgage Delinquency Rate Falls to 20-Year Low
Improvements in the employment sector, combined with a rise in home prices, drove delinquency and foreclosure rates to levels last seen more than two decades ago.
Read More »PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners
Joining forces on more than 50 events, the NAACP and mortgage servicer to host virtual and live outreach sessions to help homeowners in need.
Read More »Rising to the Occasion
From regulatory scrutiny to the changing needs and preferences of borrowers, mortgage servicers have a lot on their plate in 2022. A pair of recent Five Star webinars examined the best ways forward.
Read More »Foreclosure Starts Jump Sevenfold
With the national foreclosure rate hitting its highest level since May 2021, foreclosure starts jumped to 32,900 loans in January.
Read More »Foreclosure Completion Numbers Continue to Rise
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for January which has found that there was a total of 23,204 properties with foreclosure filings against them, up 29% from December (which saw 17,971 filings) and ...
Read More »Foreclosure & Reverse Mortgage Holders
Attorney Adam Diaz examines a Florida Supreme Court case examining the differences between a reverse mortgage and a traditional mortgage when the foreclosure process is initiated.
Read More »The Impact of Pre-Foreclosure Notices
A recent case in New York, Bank of America v. Kessler, has challenged a long-standing pre-foreclosure statute. Attorneys Rich Haber and Brian P. Scibetta take a closer look at its impact on the foreclosure process.
Read More »National Mortgage Delinquency Rate Drops Again
CoreLogic’s Loan Performance Insights Report for September 2021 found that just 3.9% of all mortgages nationwide were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 2.4-percentage point decrease in delinquency compared year-over-year, when the ...
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