Delinquencies were up moderately across the board, as inflows and rolls to later stages of delinquency rose, while cures from both early- and late-stage delinquency improved.
Read More »Commercial Property Delinquencies Jumped in Q4
According to the MBA, continued challenges in the commercial real estate sector have pushed the delinquency rate on CRE-backed loans higher in the final quarter of 2023.
Read More »UPDATE: Q3 Commercial Delinquency Rates
CMBS See Large Uptick in Delinquencies Compared to Other Investor Groups
Read More »Cenlar Appoints Two New Execs
The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.
Read More »Fay Financial Adds Cari Gordon as Chief Audit Officer
With nearly 30 years in the industry, including time spent at both Fannie Mae and Freddie Mac, Cari Gordon joins Fay Financial to oversee the company’s integrated, risk-based audit plan.
Read More »FORCE Rally 2023: The Who’s Who of REO Agents
The annual gathering of the Federation of REO Certified Agents took place at the 20th Five Star Conference and Expo, exploring everything REO, including data-backed insights from Fannie Mae and a series of informative panels. As Rick Sharga, President & CEO of CJ Patrick Company put it, "If you want to stay ahead in the distressed/default industry, you need to keep moving upstream."
Read More »Breaking Down August Foreclosure Filing Report Data
August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.
Read More »Rising Foreclosure Starts: Navigating The Challenges And Leveraging Innovative Solutions
While the need for more staff increases during a rise in foreclosure starts, during quieter times, it becomes economically unviable to maintain a large staff. Travis Britsch discusses how unpredictable variability poses a daunting challenge for trustees and attorneys.
Read More »The Week Ahead: Preserving the Dream of Homeownership Webinar
Next week, the Five Star Institute and Brookstone Management will present a webinar discussing the topics of combating neighborhood blight, returning foreclosed properties to the market, and protecting property values. Tune in for in-depth insight and perspective from Brookstone, Fannie Mae, and U.S. Bank execs.
Read More »Upcoming Webinar: Preserving the Dream of Homeownership
In the latest installment of the Five Star Webinar Series, Five Star and Brookstone Management will host a discussion about combating blight, returning foreclosed properties to the market, and protecting property values. Tune in for insights from Brookstone, Fannie Mae, and U.S. Bank.
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