Distressed

Mortgage servicers would like to shed responsibility for second liens but they may be exchanging one set of workflows for others.

The agency delayed an offering of occupied units until September to ensure compliance with President Trump's executive order made earlier this year.

The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.

Chase edged out Rocket for the top spot in the annual mortgage servicer customer satisfaction survey, with depositories in seven of the top 10 spots.

The Federal Housing Administration's demonstration project would allow payments to be deferred without placing a subordinate lien on a primary mortgage.

Short-sale transactions increased 4% from 2023 to 2024, nearly 10% from 2024 to 2025 and about 16% annually in the first quarter of this year, according to Realtor.com.

While raising concern, foreclosures were returning to normal historical trends, with timelines also shortening in the first half of 2026, Attom said.

LegalShield's foreclosure index rose 12.2% year over year in the second quarter this year. It peaked at 54.7 in May, the highest level since March 2020.

Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.

The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.

The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.

Fake jumbo mortgages are helping non-agency securitization growth, but these loans could have higher than expected delinquency rates, an analysis said.

The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.

There's broad support for the effort to reduce costs and processes, but the Appraisal Institute warns about reducing property valuation quality control checks.

This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.

The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.

LegalShield's April foreclosure index rose 46.4% year over year to 52.4 in the South, while the West's index remains nearly 30% below prepandemic levels.

The areas cited by Attom Data Solutions all have similar characteristics, namely high unemployment rates and worse foreclosure activity than their peers.

The Department of Veterans Affairs will accept the legislatively-mandated partial-claim option soon and servicing systems must accommodate it by November 28th.

The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.