Foreclosure

According to CoreLogic, the nation’s delinquency rate in the U.S. in March 2022 hit its lowest recorded point since at least January 1999, as found in its latest monthly Loan Performance Insights Report.   In March of this year, some ...

A recent Five Star/Messagepoint webinar discussed how redirecting the borrower communication process can reduce cycle times and costs, and deliver an enhanced borrower experience.

With foreclosure activity on the rise 13% quarter-over-quarter, Q2 marked the third straight quarter that the count of pre-foreclosure properties has risen since the end of the nationwide foreclosure moratorium.

Make sure that your Section 1304 notices do not include anything beyond what the statute expressly prescribes, and it is mailed in a separate envelope. Arsenio Rodriguez and Ali Degan Esq. from Stern & Eisenberg, P.C. explain this crucial detail.

On other fronts, April's numbers bucked trends for this time of year, with mortgage delinquencies hitting a “new record low.” Check out the latest data from Black Knight to see what factors are in play.

NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.

Auction.com finds that 55% of buyers believe their local market is overvalued and soon expect a market correction.

Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.

In the case of Sheen v. Wells Fargo Bank, the California Supreme Court ruled that borrower negligence claims can be limited. Attorney Jonathan D. Fink of Wright, Finlay & Zak, LLP discusses the importance of this decision.

ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 properties with foreclosure filings against them, down 8% from March ...