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Latest Foreclosure Headlines
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Search Results From This Site
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1. Monthly BK Filings Down - 116,365 June consumer bankruptcies filed | MortgageDaily...
The association attributed the increase to rising health care costs, worsening unemployment and increasing foreclosures. In the first six months of 2009, consumer bankruptcies
www.mortgagedaily.com/Bankruptcies070309.asp
2. Mass. Crackdown on Mortgage Licensees - 7,747 license applications received since ...
Taken Relative to Foreclosures and the Mortgage Industry released Tuesday by the Commonwealth of Massachusetts Division of Banks. The report indicated 7,747 loan originator
www.mortgagedaily.com/LicensesMass070209.asp
3. LoanCare Servicer Rating Upgraded - Moody's upgrades to SQ3+ | MortgageDaily.com
Also cited were average foreclosure and REO timelines and average servicer stability. LoanCare serviced 95,102 loans for $13.6 billion as of May 31. Headcount stood at 202
www.mortgagedaily.com/LoanCareRating070109.asp
4. U.S. Modification Analysis - OCC, OTS report Q1 modification metrics...
At the end of March, 59.2 percent of loans modified a year earlier were either at least 30 days delinquent, in foreclosure or foreclosed. A more broadly watched metric -- the 60-
www.mortgagedaily.com/MetricsMods063009.asp
5. Chase Hires 1,000s as Mod Activity Leaps - 138,000 trial modifications approved...
Chase said it has utilized trial modifications to prevent 138,000 foreclosures since 2007. In all, 565,000 foreclosures have reportedly been prevented since 2007. The current
www.mortgagedaily.com/ChaseMods063009.asp
6. Residential Delinquency Mixed at Banks - Q1 30+ delinquency 10.3% | MortgageDaily....
Including all loans delinquent at least 30 days or in foreclosure, the delinquency ... 60 days, excluding foreclosures, on all loans ... current report. New foreclosure filings climbed to
www.mortgagedaily.com/MetricsReport063009.asp
7. Regulators Seize Hard-Money Lender - AZ regulator seizes Landmarc Capital...
In addition, loan assets were not written down after foreclosure. Landmarc will have an opportunity at a June 30 hearing to make its case for not being forced into receivership.
www.mortgagedaily.com/ClosureLandmarc062609.asp
8. Loan Mod Daily - Recent loan modification activity | MortgageDaily.com
New mediation programs recently rolled out in nine states have helped prevent foreclosures in 75 ... risk of foreclosure last year ... The state said foreclosure rescue scams have
www.mortgagedaily.com/Modifications062609.asp
9. Reverse Market Update - Recent reverse mortgage activity | MortgageDaily.com
them facing the threat of foreclosure for unpaid taxes. He warned against ... reverse mortgages can be utilized to prevent foreclosures. The company cited a Kansas borrower who
www.mortgagedaily.com/Reverse062609.asp
10. Bad Appraisals, HVCC Hindering Recovery? - Recent appraisal activity...
with a high concentration of foreclosures or short-sales. Integrated Asset Services ... market recovery and a further rise in foreclosures if the appraisal problems are not quickly
www.mortgagedaily.com/Appraisals062409.asp
11. ResCap Ratings Raised - Fitch increases to RPS3 | MortgageDaily.com
The additions addressed increased modification and loan defaults, while bankruptcies and foreclosures are now handled under the same management. A new servicing site was recently
www.mortgagedaily.com/ResCapRating062209.asp
12. Study Finds Relationship Between Securitizations, Defaults - Report from...
The research also shows higher foreclosure rates for originate-to-distribute mortgages than those mortgages kept by the originators." Purnanandam called the findings an "incentive
www.mortgagedaily.com/UMichiganReport061809.asp
13. Mod Firms Face Growing Legal Actions - Recent loan modification activity...
a customer's home to foreclosure. The FTC is asking ... promise to save homes from foreclosure -- though it collected up-front ... loan terms and avoid foreclosure. He charged borrowers $1
www.mortgagedaily.com/Modifications061509.asp
14. Report: April Delinquency Data - First American CoreLogic reports 5.10% 90-day...
American said 2,021,546 pre-foreclosures were filed. During the prior 12 months, pre-foreclosures totaled 1,462,397. HOPE ... cumulative total for new foreclosures started was 2,499,
www.mortgagedaily.com/Delinquency061209.asp
15. Foreclosure Filings Fall - 321,480 foreclosure filings in May | MortgageDaily.com
Vermont had the best record of any state. Foreclosures -- including default notices, ... 13,891. Fewer foreclosures were filed in ... With only one foreclosure filed on every
www.mortgagedaily.com/Foreclosures061109.asp
16. The Mortgage Litigator - Recent mortgage-related lawsuits and litigation...
Fremont-originated loans have been protected from unrestricted foreclosures, because the ... injunction allowed foreclosures to proceed only ... halt the foreclosure. A second
www.mortgagedaily.com/Lawsuits061109.asp
17. Foreclosure Litigation - Recent foreclosure lawsuit activity | MortgageDaily.com
Stories about legal settlements, judgments and mortgage class actions. Foreclosure Litigation Recent foreclosure lawsuit ... off foreclosure by ... in foreclosure litigation
www.mortgagedaily.com/ForeclosureLawsuits060809.asp
18. Hearings on Fannie's, Freddie's Future - House hearing over future structure of...
Berman said the two companies face severe management challenges as home price declines and foreclosures reach unprecedented levels. In addition, they are being used as public
www.mortgagedaily.com/GseTestimony060409.asp
19. It's a Mod, Mod World - Recent loan modification activity | MortgageDaily.com
Friday a rulemaking proceeding involving foreclosure rescue and ... many of these foreclosure relief companies are ... statutory defense against foreclosure." Federal Trade Commission
www.mortgagedaily.com/Modifications060309.asp
20. ABCs of VA - A review of the VA loan program | MortgageDaily.com
VA boasted the lowest foreclosure rate of all the ... percent of borrowers in the foreclosure process compared to 2.49 ... prime borrowers going through foreclosure. "With all the challenges
www.mortgagedaily.com/VamcVaLoans060209.asp
21. Foreclosed Borrower Terrorizes Loan Officer in Movie - Drag Me To Hell opens...
A rule | graveyard | HVCC Foreclosure News | Foreclosures Statistics | Foreclosure Resources Foreclosed Borrower Terrorizes Loan Officer in Movie Drag Me To Hell opens today May
www.mortgagedaily.com/MovieDragHell052909.asp
22. Record U.S. Delinquency - 9.12% Q1 delinquency | MortgageDaily.com
Seasonally adjusted delinquency of at least 30 days, excluding foreclosures, on residential ... 00 percent. Prime foreclosure starts were 0 ... The inventory of foreclosures was 3.85
www.mortgagedaily.com/Delinquency052809.asp
23. Microsoft Word - 4A1D974E-3BBD-286277.doc
Washington, DC 20036 202.628.2000 www.wbsk.com Foreclosure Act Includes New Notice Requirement and Modifications to the HOPE for Homeowners Program Notice Requirement. The Helping
www.mortgagedaily.com/forms/TilaUpdate052709.pdf
24. Improvement in Subprime Performance Continues - HOPE NOW reports April 60-day...
So far this year, 999,000 foreclosures have been started. Foreclosures were started on ... 96,000. Subprime foreclosure starts were 87 ... 30, 273,000 foreclosures have been completed
www.mortgagedaily.com/HopeNowVolume052709.asp
25. MBS, Foreclosure Lawsuits Jump- 1st-quarter 2009 Mortgage Litigation Report...
PRESS RELEASE MBS, Foreclosure Lawsuits Jump ... A rise in foreclosure lawsuits also contributed ... tied to foreclosures, including actions against foreclosure-rescue services,
www.mortgagedaily.com/PressRelease052609.asp
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