Connecticut Supreme Court Addresses Standing in Foreclosures
Attorney Geoffrey K. Milne discusses standing in a mortgage foreclosure, and the ramifications on both the lender and borrower. Source: DS News
Accounts in Collections Drop by 86M Over Four Years
According to the Consumer Financial Protection Bureau, the number of accounts in collections dropped from 261 to 175 million tradelines between 2018-2022. Source: DS News
Singles Living Alone Face Estimated $7,000 ‘Singles Tax’
Living alone may cost some renters more money in the end, as a new report from Zillow revealed cohabitating renters in the U.S. save an estimated $14,000 a year by [...]
Fannie Mae Reports Dip in Q4 Revenue
The GSE reported a Q4 loss in revenue, despite helping approximately 2.6 million households buy, refinance, or rent a home in 2022. Source: DS News
Inside the Golden Age of Servicing
An upcoming Five Star Webinar, presented by Sagent, will explore the state of mortgage servicing in 2023, from tech advances to regulatory changes. Source: DS News
Expert Insights: Legal League’s Stephen Hladik and Kent McPhail
Default servicing attorneys Stephen M. Hladik and Kent McPhail share their insight on the state of the housing market, and the topics covered on their new podcast, What the M. [...]
Fannie Mae Study Finds Consumers Remain Worried About Housing Costs
A new study from Fannie Mae revealed a growing share of mortgage borrowers report being stressed in their ability to make debt payments as well as an inability to save [...]
Climate Change Could Cost Miami Homeowners $7.9B by 2050
Acknowledging the looming dangers of a warming planet, CoreLogic has released new research accounting for factors such as rising sea levels, increased frequency of intense storms, and the amount of [...]
Mortgage-Purchase Applications Up 3%
A sign of future activity, mortgage-purchase applications are up, although pending home sales are down 20% year-over-year. Source: DS News