In this week’s DS5: Inside the Industry, Auction.com’s VP of Market Economics, Daren Blomquist, shares his thoughts on where housing is headed and what effects the health crisis is having on foreclosure auctions.
Read More »Forbearance Rates Experience Biggest Weekly Drop Since Pandemic Began
This marked the first time since mid-April that the total number of forbearance plans were below the 3 million level. Here's what factors are in play.
Read More »MBS Performance at Five-Year Low
Efforts by the Federal Reserve to prop up the mortgage-backed securities (MBS) market do not appear to have worked as well as hoped, according to a new data analysis released by Bloomberg. As of Sept. 29, the Bloomberg Barclays U.S. ...
Read More »Headed for a ‘Foreclosure Surge’
A panel of real estate experts forecast what they anticipate for the final months of 2020, including a "substantial increase in foreclosures, short sales, and bank-owned properties." Here's what else they have to say.
Read More »FHFA Releases Latest Mortgage Relief Numbers
The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...
Read More »McMichael Taylor Gray Names Christine Cotton COO
McMichael Taylor Gray, a multi-state creditor’s rights law firm, announced the promotion of Christine Cotton to Chief Operating Officer.
Read More »Industry Webinar Spotlight: Mitigating Risk, CWCOT Changes
Revisit some of DS News’ complimentary webinars. From servicing risk to updates to HUD’s Claims Without Conveyance of Title program, click through to view our 2020 webinar lineup featuring insights from industry subject-matter experts.
Read More »Legal League 100 Summit: A Focus on Challenges, Forbearances
Legal issues, including compliance, defaults, and the government and service sector perspectives were the topics of discussion at the Five Star Legal League 100 Fall Summit.
Read More »Florida Court Rules on Foreclosure Judgement, Deficiency With Complaint
The Chair of the Legal League 100 provides insights into a recent ruling that has implications for financial services attorneys in the Sunshine State.
Read More »Biggest Challenges for Servicers of COVID-Related Forbearances
Editor's note: This piece originally appeared in the September 2020 issue of DS News, out now. Courtney Thompson joined Flagstar in 2014, bringing marked litigation, advisory, and consulting experience to her role. Thompson manages the direction, the strategy, and the ...
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