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Tag Archives: Foreclosures

How Low Can Foreclosure Rates Go?

foreclosure

Foreclosure rates have continued to dwindle in recent months, and May was no exception. Click through to learn what milestone the national foreclosure rate crossed last month, and whether there are any changes on the horizon.

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Appeals Court Addresses Foreclosures & Promissory Notes

foreclosures

A New Jersey appeals court recently weighed in on a case involving a dispute over whether a foreclosing party that didn’t possess the note had standing to foreclose in the first place. Click through to learn the details of the case.

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How Are Mortgages Performing in 2018?

mortgage loans performance

A new report from the Office of the Comptroller of the Currency examines mortgage performance as of Q1 2018. Click through to learn more about current foreclosure rates, prevention actions, and other data crucial to the servicing landscape.

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Delinquencies Reverse Course

Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...

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How Foreclosures Impact the Nation’s Hottest Housing Markets

foreclosure

What separates Reno from Columbus? Foreclosure inventory, according to a study that used foreclosures as a percent of sales as a tie-breaker for comparing the sales and prices of homes in both these cities.

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A New Tactic to Fight Zombie Homes

empty for sale sign

This June, Washington state will implement a new law (HB2057) designed to combat abandoned zombie properties and streamline interactions between government and lenders when it comes to preventing urban blight as the properties fall into disrepair. As reported by the ...

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Pinpointing the Hottest Housing Markets

The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you’d expect. According to ProTeck’s report, the Portland-South Portland, ...

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Assessing the State of the Market

foreclosures

Is the foreclosure crisis finally over? While many numbers point to a decline in delinquencies, the market might need to brace for a slight increase by early 2020 according to a report on the state of the U.S. housing market.

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Fight Against Urban Blight Finds Unexpected Ally

The topic of zombie homes comes up often here on DS News, ranging from fast-track foreclosure legislation to rules about clearboarding and plywood bans. In February, New York Governor Andrew Cuomo announced that the state was buying up distressed mortgages ...

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