MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter.
Read More »Eyes on the Horizon
As we approach a new year, MortgagePoint took the temperature of industry experts to see what lies ahead for a market that trudged through 2023 hampered by the convergence of rates reaching 20-year highs, a shortage of housing inventory, and inflated home values.
Read More »1 in 4,300 Homes at Risk of Foreclosure
A monthly report shows that states with the highest number of foreclosure starts include the red-hot real estate markets of California, Florida, and Texas.
Read More »UPDATE: Q3 Commercial Delinquency Rates
CMBS See Large Uptick in Delinquencies Compared to Other Investor Groups
Read More »Florida Court Questions the Reformation of Deed and Mortgage
Attorney Ian Dolan examines a recent Florida case where the court affirmed the entry of a judgment of foreclosure despite the mortgagor’s claim that a reformation was barred by the statute of limitations. Full details on the case after the link.
Read More »Advancing Servicer Automation Into 2024
Dan Sogorka of Sagent discusses the latest trends in the fintech space for mortgage servicers and the factors that will sway the housing market over the next 12 months.
Read More »Snapshot: Commercial Bankruptcies Surge YoY
While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.
Read More »Florida Bar Publishes Advisory Opinion Regarding AI
Attorney Roy Diaz takes a look at the Florida Bar’s Proposed Advisory Opinion regarding a lawyer’s use of generative artificial intelligence, as oversight may be drafted to ensure compliance with ethical standards.
Read More »Servicer Prevails After a Challenge on Pre-Suit Compliance With HUD Regulations
Attorney Jamie Juster of McCalla Raymer Leibert Pierce discusses a recent case where the borrower argued that their lender failed to comply with HUD regulations by not conducting a face-to-face meeting to discuss loss mitigation options prior to foreclosure.
Read More »Foreclosure Starts Rose in October, but Remain at Historically Low Levels
Despite the improvement in delinquencies, foreclosure starts rose to 33K in October, hitting their highest levels in 18 months.
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