ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels
Tagged: Loss Mitigation
The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth
Overall delinquencies dipped in the second quarter, but FHA serious delinquencies jumped 227 basis points from a year earlier as more troubled loans moved toward foreclosure
VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program
LegalShield points to rising homeowner distress following the expiration of pandemic-era FHA relief programs
Legal expert questions whether agency has authority to implement the program.
New white paper says policymakers should preserve the critical features mortgage servicers implemented throughout the pandemic.
Updated and expanded options intended to help more borrowers avoid foreclosure.