It’s critical to correctly value distressed assets as they come out of foreclosure. Ken Dicks, Director of Appraisal Compliance & Initiatives for Reggora, shares his perspective with DS News this month.
Read More »Foreclosure Starts Increase in October
The number of new foreclosures were up in October, however the amount of mortgages considered “past due” dropped by over 10%
Read More »Zombie Properties Decline in Q3
One in four U.S. homes now sit vacant, down 3.7% from Q2’s totals according to a new study.
Read More »CFPB: Servicers Must Double Their Efforts to Protect At-Risk Borrowers
Beginning today, the CFPB’s new rule to increase protections over homeowners takes effect, as servicers step up their efforts to assist borrowers in jeopardy of foreclosure.
Read More »A Congressional Call to Strengthen Foreclosure Protections
Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
Read More »Default Rates Continue to Drop
Default rates continue to decline as pandemic-related financial distress across the country continues to ease for homeowners.
Read More »New CFPB Rules Drafted to Ease Surge in Foreclosures
With federal foreclosure protections just days away from being lifted, the CFPB has taken steps to facilitate a smooth transition to protect consumers and the overall American economy.
Read More »Waters Seeks Extension of Federal Foreclosure Moratoria
Chairwoman of the House Financial Services Committee issues letter to federal agencies requesting additional time for at-risk borrowers.
Read More »Putting Foreclosure Trends in Perspective
In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.
Read More »President Recognizes Pursuit of the American Dream
By continuing a tradition of June as National Homeownership Month, the Biden Administration sets forth goals to expand equal housing access for all.
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