Tag Archives: Foreclosure

Florida-based Black Knight, Inc. announced that Fannie Mae has signed an agreement to continue its use of the Default Management Reporting System (DMRS).

William P. Leaman and Charles Rust have joined the ranks of LSR’s veteran team of lawyers ; whose combined professional experience spans over 400 years.

Potestivo & Associates, P.C. announced that Alexander Potestivo has been promoted to Associate Attorney. He will serve and represent the firm in the Chicago, Illinois, office assisting with matters related to creditors’ rights litigation and foreclosure.

Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 87th year of client service, announced that Compliance Officer Eileen M. Bitterman ...

Potestivo & Associates, P.C., announced Art Sriratana has been promoted to Supervising Attorney in the firms Chicago office.

This week, a group of housing organizations sent a letter to several U.S. officials regarding mortgage relief options for homeowners living in areas affected by the natural disasters.

FHFA released its May Foreclosure Prevention report, spotlighting data detailing its efforts to help stave off foreclosure. Did they amount to a pound of cure … or is the scale tipping in the wrong direction?

The National Mortgage Servicing Association is calling for federal agencies to work together in conjunction with the mortgage servicing community to standardize the treatment of vacant and abandoned properties, a known cause of community blight and haven for crime. The organization submitted a report to the leadership of HUD, CFPB, the U.S. Department of the Treasury, OCC, Fannie Mae, and Freddie Mac outlining the problem, proposing solutions, and identifying the benefit of each recommendation for the consumer.

Home prices spiked again, according to the May 2017 Existing Home Sales Index. Total unsold inventory saw a slight uptick compared to April 2017, but is still relatively low, and median home prices are continuing to rise. Seasonally adjusted, there were 5.62 million existing homes for sale, a small increase from April 2017, but how long will this trend sustain itself?

Maryland Governor Larry Hogan signed a fast-track foreclosure law that will expedite the foreclosure process with the intent to reduce community blight, following the footsteps of a similar bill in Ohio. This bill could be the push other states need to move forward with their own fast track foreclosure bills. We hear from industry experts on the impact this bill may have.