Here’s what one Illinois county’s new residential eviction and consumer debt “Early Resolution Program” could mean for servicers and other stakeholders. The post ‘Early Resolution’ Could Add Extra Complications [...]
Given the plethora of case law addressing this issue, one legal expert suggests the Fifth’s ruling does not come as a surprise. The post Court Clarifies Evidentiary Requirements for [...]
A new study has found that that 11% of Americans have been forced to relocate to the pandemic, increasing the pool of Americans seeking homes in an already-constricted market. [...]
However, experts anticipate a return to pre-pandemic levels of filings as a result of the vaccination roll-out and corresponding economic recovery. The post New Bankruptcies Hit 1-Year High in [...]
Home prices reached a 15-year high in February, as demand continues to clash with historically low supply, creating increased affordability challenges, as mortgage rates begin to rise. The CoreLogic [...]
With approximately 2.5 million Americans currently in forbearance plans, a new report notes that the total loans in forbearance dropped to 4.9% of total volume, marking a five-week decline. [...]
Natural disasters, extreme temperatures, and sea-level changes are playing a greater role in homeowner’s choice for relocation. The post Mother Nature Impacting Housing Relocation Choices appeared first on DSNews. [...]
Near-record-low rates alone are not enough to drive down the prospect of homeownership, as 15-year home price highs are pushing more Americans out of the market. The post Rates [...]
With a new President and incoming policy shifts, here’s how mortgage servicers should be preparing and prioritizing. The post Prepping for Regulatory Climate Change appeared first on DSNews. Source: [...]
Editor's note: This article appears in the April 2021 edition of DS News, available here. The number of mortgages in active forbearance in the first week of February fell [...]
