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Servicing and Default News
Jul
27
2016
“Many community lenders noted that they and their customers benefit from the close relationship maintained when these...
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Jul
26
2016
“The GAO report confirms our concerns that CFPB’s mortgage servicing rules are impacting credit unions,” said Hunt. “...
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Jul
26
2016
Now, to expedite the sale of default properties, HUD is allowing bids that are below the total debt owed on the asset,...
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Jul
19
2016
But one group in particular has not been able to share in the recovery: low-income homeowners who owned properties in...
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Jul
18
2016
"This is criminal trespass and theft, and it should be treated as such," said Sheila O'Sullivan, executive director of...
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Jul
14
2016
"Although there are some local outliers, the downward foreclosure trend continued in the first half of 2016 in most...
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Jul
14
2016
Generally large servicers had a challenging quarter, though some entities were able to grow their portfolios through...
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Jul
14
2016
There were a total of 94,469 U.S. properties with a foreclosure filing in June, down 6% from the previous month and...
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Jul
13
2016
Following the housing market crash in 2008, when the value of houses plummeted, Detroit failed to reassess the homes...
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