Industry News


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The Spread of Zombie Properties
Thu, 27 Feb 2020 08:00:02 +0000

While the nationwide rate is still significantly less than in 2014, these areas states hold the highest zombie foreclosure rates.

The post The Spread of Zombie Properties appeared first on DSNews.



Puerto Rico Disaster Recovery Speeding Up
Wed, 26 Feb 2020 20:50:52 +0000

While the pace of federally funded projects to help hurricane and earthquake victims has quickened, White House disaster recovery representative Peter Brown is worried about long term efforts.

The post Puerto Rico Disaster Recovery Speeding Up appeared first on DSNews.



Top Markets for REO ‘Fix-and-Flip’ Buyers
Wed, 26 Feb 2020 20:17:59 +0000

Where are flippers finding the biggest returns on their rea estate owned properties? Click through to find out.

The post Top Markets for REO ‘Fix-and-Flip’ Buyers appeared first on DSNews.



How Many Americans Cite Housing as Primary Debt Driver?
Wed, 26 Feb 2020 20:06:40 +0000

A consumer survey looks into how long many people think it will take to no longer owe money.

The post How Many Americans Cite Housing as Primary Debt Driver? appeared first on DSNews.



A Look Back at Real Estate Performance
Wed, 26 Feb 2020 17:41:03 +0000

From loan performance to the end of LIBOR, CoreLogic’s latest Market Pulse report reviews the most important data for servicers and lenders alike.

The post A Look Back at Real Estate Performance appeared first on DSNews.



NMSA and HUD Work to Improve CWCOT Program
Tue, 25 Feb 2020 22:50:58 +0000

Read more on the Department’s recommendations that one insider called a “massive undertaking.” Here’s how industry experts are reacting to these important revisions.

The post NMSA and HUD Work to Improve CWCOT Program appeared first on DSNews.



Court Clarifies ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance
Tue, 25 Feb 2020 22:21:42 +0000

The U.S. Court of Appeals for the Second Circuit affirmed a lower court decision that a chapter 7 trustee's avoidance of an unauthorized postpetition mortgage lien did not amount to a "double recovery" precluding the trustee from avoiding and recovering a transfer of the loan proceeds.

The post Court Clarifies ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance appeared first on DSNews.



The Housing and Economic Impact of Coronavirus
Tue, 25 Feb 2020 22:00:01 +0000

Industry insiders believe many see the U.S. housing market as a “flight to safety” as the virus has decimated the overseas market.

The post The Housing and Economic Impact of Coronavirus appeared first on DSNews.



The Move to Single-Family Built-For-Rent
Tue, 25 Feb 2020 18:29:01 +0000

Homeownership rates are improving, but many current apartment renters are still wishing to expand. In response, the single-family built-for-rent market has expanded to meet demand. 

The post The Move to Single-Family Built-For-Rent appeared first on DSNews.



CFPB Reviews Time-Barred Debt Collection
Tue, 25 Feb 2020 17:37:52 +0000

The rulemaking prohibits collectors from using non-litigation means (such as calls) to collect on time-barred debt unless collectors disclose that the debt is time-barred.

The post CFPB Reviews Time-Barred Debt Collection appeared first on DSNews.