Is There a ‘Zombie Apocalypse’ Ahead for Vacant Properties?
In light of the indomitable presence of COVID 19, many zombie foreclosures have spiked across the U.S. with Americans battling to keep up with their mortgage payments, according to ATTOM’s [...]
Foreclosure Wave Could Culminate in ‘Major Event’
The near-future will be bringing a wave of foreclosures, according to a Federal Reserve economist, but this will not be at the severe levels experienced in the aftermath of the [...]
Americans’ Credit Conditions, By State
When it comes to credit, the reverberations of COVID-19 are shaking some states more vigorously than others, according to an Annual CardRatings stae by state study. States in the best [...]
How Many Loans are Still in Forbearance?
The Mortgage Bankers Association (MBS)'s Forbearance and Call Volume Survey reported that the total number of loans now in forbearance decreased to 6.87% from 6.93% the previous week. The MBA estimates [...]
Industry Pulse: Executive Moves and Accolades
Sagent, a fintech company modernizing mortgage and consumer loan servicing for American banks and lenders, last week appointed veteran technology leader Uday Devalla as Chief Technology Officer (CTO). The move [...]
Sagent Appoints Uday Devalla CTO
Sagent, a fintech company modernizing mortgage and consumer loan servicing for American banks and lenders, last week appointed veteran technology leader Uday Devalla as Chief Technology Officer (CTO). The move [...]
Responsibly Addressing Forbearance Costs
"Policymakers Should Maintain Forbearance but Fix Its Costs." That is the title of a new brief published by the Urban Institute’s Housing Finance Policy Center. Research associates Michael Neal, Linna [...]
Policies That Could Combat the Affordable Housing Crisis
Several housing advocates recommend policies that could make a difference when it comes to the issue of "housing underproduction," on which the Up For Growth organization published an extensive study. [...]
Headed for a ‘Foreclosure Surge’
A panel of real estate experts forecast what they anticipate for the final months of 2020, including a "substantial increase in foreclosures, short sales, and bank-owned properties." Here's what else [...]