Top 10 States for Inbound Migration
American homeowners' documented decisions to move westbound and southbound has accelerated during the COVID-19 pandemic, according to a 44th annual migration study by United Van Lines published in early January. [...]
Automated Valuation Models: Benefits and Unexpected Challenges
Researchers acknowledged that AVMs hold promise when it comes to reducing costs and increasing accuracy. But here’s why they voiced some concerns. The post Automated Valuation Models: Benefits and Unexpected [...]
Forbearance Volume Activity Ended 2020 on a Flat Note
New data published by the Mortgage Bankers Association (MBA) has determined the number of mortgages now in forbearance remained mostly flat at the tail end of December. According to the [...]
DS News Spotlights the Industry’s ‘Most Valuable Companies’
A new recurring feature will share insights and inside looks at some of the companies working to support to the mortgage industry. First up is BRON, Inc., featured in the [...]
COVID-19 Impact: A Rise in New Litigation Trends
Editor's note: This story originally appeared in the January edition of DS News. COVID-19’s impact on the mortgage servicing industry has been unlike anything ever seen before, not just in the [...]
Bankruptcy Filings at Lowest Level Since 1986
It has not been since 1986 that so few Americans have filed for bankruptcy. Legal services firm Epiq recently released both its December 2020 and annual bankruptcy filing statistics from [...]
Despite Improvement, Home Values Lag for Communities of Color
As home prices reach pre-recession levels, the value gap between communities of color and the typical American home remains pronounced, but the disparity is shrinking, according to a Zillow.com study. [...]
Altisource Poised to Assist Servicers and Borrowers Post Forbearance
The service provider’s new program aims to help borrowers avoid foreclosure through its Signature Seller Assisted Sale program. The post Altisource Poised to Assist Servicers and Borrowers Post Forbearance appeared [...]
Forecasting the Legal Landscape
Editor's note: This story originally appeared in the January edition of DS News. COVID-19 was the centerpiece of legal actions affecting the default servicing industry in 2020 and will likely be for at least the first [...]