Loss Mitigation

According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to nearly 4% of all loans outstanding at the end of Q4 of 2022.

New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability.

According to the Consumer Financial Protection Bureau, the number of accounts in collections dropped from 261 to 175 million tradelines between 2018-2022.

This week’s Five Star Webinar, presented by Sagent, will explore the state of mortgage servicing in 2023, from tech advances to regulatory changes.

Attorneys Stephen M. Hladik and Kent McPhail share their insights on the state of the housing market, and the topics covered on their new podcast, What the M.

Acknowledging the looming dangers of a warming planet, CoreLogic has released new research accounting for factors such as rising sea levels, increased frequency of intense storms, and the amount of flooding that could be caused by storms in the Miami area by 2050.

Attorneys Laura M. Hawley and Michael P. Hogan examine a century of loss mitigation options for borrowers to remain in their homes and avoid foreclosure.

Attorney Daniel C. Chilton discusses advancements in artificial intelligence, and how reliant we have become on it in the mortgage servicing industry.

HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.