Mortgage Delinquencies Down Slightly in October
The U.S. mortgage delinquency rate dropped slightly in October compared with September to reach 3.45% of all loans, according to ICE Mortgage Technology’s First...
ATTOM: Foreclosure Starts, Bank Repossessions Increased in October
There were 30,784 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in October, an increase of 4% compared...
ATTOM: Zombie Foreclosures Remain Mostly Eradicated
It’s Halloween, and while there will be numerous little zombies wandering neighborhood streets this evening, it’s unlikely we will see much of another kind...
Share of Mortgage Loans in Forbearance Increased in September
The share of mortgage loans in forbearance increased to 0.34% as of September 30, as loan performance in government products weakened, according to the...
ATTOM: Foreclosure Filings Decreased During the Third Quarter
A total of 87,108 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — during the third quarter, a decrease...
FHFA Report Shows Mortgage Performance Holding Strong Overall in Q2
Fannie Mae and Freddie Mac completed 46,378 foreclosure prevention actions during the second quarter, raising the total number of homeowners who have been helped...
U.S. Foreclosure Activity Decreased in August
There were a total of 30,227 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in August, down 5.3%...
Mortgage Delinquencies Jumped 14.5 Percent in June
Mortgage delinquencies increased in June, rising 14.5% compared with May to 3.49% of all loans, according to ICE Mortgage Technology’s First Look report.
Year-over-year, mortgage...
Foreclosure Filings Decreased in the First Half
A total of 177,431 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of...
ICE: Delinquencies, Foreclosures Continued to Decrease in May
The U.S. mortgage delinquency rate continued to fall in May to 3.04% - a decrease of 1.55% compared with April and a decrease of...
ATTOM: Foreclosure Rates Increased Month-Over-Month in May But Are Down From a Year Ago
A total of 32,621 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — in May, an increase of 3%...
ATTOM: Zombie Foreclosures Basically Nonexistent in Q2
Due to rising home prices and strong mortgage performance, zombie foreclosures continue to be basically nonexistent, according to ATTOM.
A zombie foreclosure occurs when a...
Planet Home Lending Names Bill Shuler Chief Information Officer
Bill Shuler has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president, chief information officer.
Shuler has more...
MBA: Share of Mortgages in Forbearance ‘Stagnant’ in April at 0.22 Percent
The share of mortgage loans in forbearance remained flat for a fourth straight month at 0.22% as of April 30, according to Mortgage Bankers...
ATTOM: Foreclosure Activity a ‘Mixed Landscape’ Across the U.S.
There were 31,649 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in April, down 4% compared with March...
GSEs’ Loan Forbearance Numbers Continued to Drop in Q4 2023
The Federal Housing Finance Agency’s (FHFA) fourth-quarter 2023 Foreclosure Prevention and Refinance Report shows that Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention...
ATTOM: Foreclosure Filings Jumped 10 Percent in January
Foreclosure filings - including default notices, scheduled auctions or bank repossessions - surged 10% in January compared with December and were up 5% compared...
CaseMax Teams With Provana to Automate Bankruptcy E-Filing
CaseMax, which provides case management systems to law firms operating in the financial services industry, has partnered with Provana, which offers a suite of...
Foreclosure Activity Down in February but Still Up Year over Year
ATTOM’s latest U.S. Foreclosure Market Report shows there were a total of 30,528 U.S. properties with foreclosure filings in February, down 3 percent from...
VRM Mortgage Services Promotes Leigh Gibson to VP of Strategic Initiatives
Leigh Gibson has been promoted to vice president of strategic initiatives at REO asset management firm VRM Mortgage Services.
Gibson has been successful in developing...