Ohio was at the forefront of the housing crisis that the nation has been working to recover from for the past decade. According to a 2016 report by Policy Matters Ohio, there were 40,479 new foreclosure filings in Ohio in ...
Read More »A Universal Solution to a Universal Problem
Editor’s note: this feature originally appeared in the March issue of DS News, out now. In the past decade, decreasing volumes on both the servicer and attorney side have forced companies to tighten their belts to remain profitable. One area ...
Read More »Florida Foreclosure Ruling Impacts Recoup of Legal Fees
Sometimes when you win, you also lose. That’s the reality that may face some foreclosure defendants in the aftermath of a new ruling by a Florida state appellate court, which throws a wrench into a common foreclosure defense strategy. As ...
Read More »Early-Stage Mortgage Delinquencies Dropped in Q4 2017
According to the MBA’s Fourth Quarter 2017 National Delinquency Survey, general downward trends for mortgage delinquencies continued as 2017 wrapped up, even after the impact of a historically damaging hurricane season. "The 30-day delinquency rate actually dropped by 15 basis ...
Read More »Foreclosure Starts Continue to Dwindle
Existing home sales declined slightly in January 2018, according to the LegalShield Law Index, a collection of five indices tracking multiple key economic indicators published monthly by LegalShield, an online membership-based provider of legal services. Meanwhile, LegalShield reports foreclosure starts ...
Read More »FHFA Report: GSEs’ Total Foreclosure Prevention Actions Cross 4M
The GSEs (Fannie Mae and Freddie Mac) completed 22,411 foreclosure prevention actions in November, bringing the total to 4,013,134 since the start of the conservatorships in September 2008, according to the Foreclosure Prevention Report released by the Federal Housing Finance ...
Read More »Could New Jersey Help Abate Puerto Rico’s Foreclosure Crisis?
As the island continues its long recovery from the devastating impact of Hurricane Maria, Puerto Rico is on the cusp of a dire foreclosure epidemic. According to a December 2017 report by The New York Times, around one third of ...
Read More »Legal Update: Focus on FEMA and Foreclosures
Editor's note: This story was originally featured in the January issue of DS News, out now. During the week of September 4, 2017, most Floridians sought shelter and boarded homes and businesses in anticipation of a direct hit by then-Category 5 Hurricane ...
Read More »Can Homebuyers Get Better Government Loan Modifications?
The second in a three-part series of reports examines government loan modification products available for loans insured by the FHA, the VA, or the USDA and explores how borrowers who fall behind on payments can receive adequate payment relief in a high market rate environment.
Read More »Unloading Inventory
While the management of liquidation processes may vary, the end goal is the same—effectuate liquidation strategies and expedite third-party property sales to minimize neighborhood blight and reduce the operation and holding risks associated with distressed property management. Editor's note: This story was originally featured in the December issue of DS News, out now.
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