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The numbers represented an annual surge of 56% after COVID-19 relief measures expired across most of the country
April 21 -
The increases are partly due to the fact that the pandemic-related property backlog is finally moving forward, but it also stems from recent economic weakness.
April 19 -
Completions also declined in the short-term, but annually they rose sharply, suggesting that the lifting of some pandemic restrictions is allowing them to proceed.
March 9 -
A likely recession will only further the six active players' conservatism in their capital strategies, Fitch Ratings said.
March 6 -
New starts surged 75% compared to a year ago, but repossessions saw their first decline in one-and-a-half years, according to Attom.
February 14 -
More incentives are coming for servicers as a greater number of distressed borrowers get expanded access to more affordable, streamlined modifications.
February 7 -
But late borrower payments slightly grew in November, with 18 metro areas reporting an increase, up from six metro areas in October, CoreLogic's report found.
January 26 -
The measure enacted on Dec. 30, 2022 applies retroactively and could add servicing risks that lending divisions will likely consider in underwriting and pricing on new loans originated in the state.
January 13 -
Despite a large annual increase, new foreclosure starts are still only near 80% of pre-pandemic levels.
December 8 -
If an unusual consumer protection gets rolled back in the state, servicers could get more of a second chance in court and borrowers will lose some protection.
November 1