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Servicing and Default News
Jan
10
2017
The national foreclosure inventory – the number of loans in the foreclosure process – fell 30 percent year over year in...
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Jan
10
2017
The OCC stated HSBC failed to correct deficiencies identified in the 2011 consent order in a timely fashion. As a...
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Jan
05
2017
According to the GSEs’ press releases, this new Flex Modification Program is designed to “help America’s families by...
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Jan
05
2017
A newly leaked 2013 memo from the California Attorney General’s office, first published this week by The Intercept,...
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Dec
29
2016
The company said that as part of the deal, it is entering into a subservicing agreement with New Residential, through...
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Dec
27
2016
So I asked HUD how the term “foreclosure” was defined in its record system. Its answer cleared up the problem. “We use...
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Dec
21
2016
Cash sales accounted for 31.7 percent of total home sales in September 2016, down 1.3 percentage points year over year...
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Dec
21
2016
“Recent data paint a picture of a strong economy, and lower consumer credit defaults reflect this,” said David Blitzer...
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Dec
20
2016
Rejecting a mortgage industry request, the Federal Communications Commission (FCC) has formally denied an exemption...
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