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When it comes to automation in the default servicing industry, here's why the future is now.
Read More »Seizing the Moment With Servicing Automation
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Boosting Borrower Responsiveness in a Time of Crisis
Breaking down communication barriers during the loss mitigation process is key for any servicer. Amy Neumann of Flagstar discusses how to establish and maintain these vital lifelines with struggling borrowers.
Read More »Foreclosure Update: The “Slow, Steady Climb Back to Normal”
ATTOM has released the 2022 U.S. Foreclosure Market Report for May, showing there were a total of 30,881 U.S. properties with foreclosure filings —default notices, scheduled auctions, or bank repossessions— up 1% from a month ago, but up 185% from ...
Read More »Who Is Bidding at Foreclosure Auctions?
Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.
Read More »Foreclosure Filings Up 160% YoY
ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 properties with foreclosure filings against them, down 8% from March ...
Read More »The Week Ahead: Five Star Webinars Address Return of Foreclosures
Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.
Read More »Foreclosure Rates Continue Upward Climb
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for February which has found that there was a total of 25,833 properties with foreclosure filings against them, up 11% from January (which saw 23,204 filings) and up 129% ...
Read More »The Exchange: Forcing Change in a New Era
Five Star FORCE Advisory Council Chair Jim Hastings and Vice Chairman Steven Pagano share their thoughts and insight on the state of the industry and how FORCE members are sharing their tips and talents for the greater good.
Read More »Why Do So Few People Buy Affordable Properties at Auction?
The ease at which people could enter forbearance programs during the pandemic has caused a drastic drop in the number of distressed properties that are sold at auction. Now that many of these protections have expired some borrowers whom do ...
Read More »HUD Extends Exclusive Listing Period
HUD has announced a change to the length of time that HUD-owned REO properties have exclusive listing rights for owner/occupants and “mission-minded” organizations. Here’s what you need to know.
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