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While the overall foreclosure rate fell, the share of zombie properties grew in the first quarter of 2020, according to Attom Data Solutions.February 28
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Alabama is fourth in the country for raw vacancy rate with more than 18% of all housing units in the state empty.February 25
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The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.February 25
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The number of new foreclosure lawsuits filed in Hawaii declined in 2019 to mark a sixth consecutive year of fewer cases mostly against homeowners struggling with mortgage debt.February 24
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Equifax has released a series of bundled services aimed at helping financial institutions use data and analytics to manage tasks associated with the process of servicing mortgage loans.February 24
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Corporations that own California properties could soon be fined for keeping homes vacant for more than three months under a proposed law to give tenants, nonprofits and cities more say over what happens to empty buildings.February 21
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For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according to Black Knight.February 20
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The city's Residential Mortgage Foreclosure Diversion program, born out of the recession in 2008, has prevented nearly 14,000 foreclosures by working with lenders and homeowners to lower mortgage payments.February 13
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Mortgage delinquencies dropped to a 40-year low in the fourth quarter as strong employment bolstered borrowers' ability to make timely payments, the Mortgage Bankers Association said.February 11
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With steady home price appreciation and falling interest rates, by some measures the shares of distressed mortgages existing in the market shrunk to record lows, according to Black Knight.February 3
