Settlement

The number of residential properties with foreclosure filings reached an 11-year low during the third quarter
The number of residential properties with foreclosure filings reached an 11-year low during the third quarter, according to a new report from ATTOM Data Solutions.   During the third quarter, 191,824 properties had foreclosure filings, down 13 percent from the previous quarter and down 35 percent... Keep Reading....
The national foreclosure inventory rate reached its lowest point in nearly a decade, according to new data from CoreLogic
The national foreclosure inventory rate reached its lowest point in nearly a decade, according to new data from CoreLogic.   During June, 4.5 percent of mortgages were in some stage of delinquency, down 0.8 percent from one year earlier. The foreclosure inventory rate in June was 0.7 percent, down... more
The government-sponsored enterprises (GSEs) completed 13,845 foreclosure prevention actions in July
A pair of new data reports are affirming the strengthening of the housing market by highlighting the evaporating levels of foreclosure activity and mortgage delinquencies.   Black Knight Financial Services is reporting the national foreclosure inventory fell by 12,000 in July, bringing the total... more
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased by 1.2 percent from May to June
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased by 1.2 percent from May to June, according to the latest First American Loan Application Defect Index report. On a year-over-year basis, the Defect Index shot up by 16.7... more
National REO and property preservation service providers TruAssets LLC and Northsight Management LLC have announced that they are merging
National REO and property preservation service providers TruAssets LLC and Northsight Management LLC have announced that they are merging. The new company will retain the Northsight Management name and will be led by TruAssets’ Steve Johnson as President and Northsight Management’s Josh Sarchet as... more