Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions.
Read More »After the Pause
As COVID-19 foreclosure and eviction stays lapse in New York, Mikelle V. Bliss and Margaret J. Cascino of McGlinchey Stafford explain what servicers and landlords operating in the Empire State need to know.
Read More »Servicers Open the Lines of Communication
Michael Merritt of BOK Financial sat down with DS News to explain how the lessons learned from the financial crisis of 2008 smoothed a path of communication between servicers and their clients during the pandemic.
Read More »After Initial Denial, Florida Court Authorizes Foreclosure on HELOC
Litigation Partner Adam Diaz discuses a recent Florida District Court of Appeals decision involving a family defaulting on their HELOC.
Read More »Servicer Collaboration in a Post-Pandemic World
DS News chatted with Marissa Yaker of Padgett Law Group on how navigating loss mitigation requirements during the pandemic opened up new channels of communication for the industry.
Read More »Padgett Law Group Receives ‘No-Objections’ Status from GSEs
Padgett Law Group (PLG) has announced the firm has received its no-objection status from Fannie Mae and Freddie Mac, clearing the final administrative task in entering the firm’s newest state of full-service creditors’ rights operations, Pennsylvania. The build-out of PLG’s ...
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 »Forbearance Portfolio Volume Slides for 21st Straight Month
The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.
Read More »The Week Ahead: Five Star Webinars Address Return of Foreclosures
Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.
Read More »Foreclosure Rates Continue Upward Climb
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for February which has found that there was a total of 25,833 properties with foreclosure filings against them, up 11% from January (which saw 23,204 filings) and up 129% ...
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