Items Tagged with 'Foreclosure'

ARTICLES

Black Knight: Foreclosure starts hit 10-year low

Down nearly 20% from March to April
There were fewer foreclosure proceedings initiated during the month of April than in any month in the last 10 years, a new report from Black Knight Financial Services shows. Plus the number of loans in active foreclosure fell to a level not seen since 2007. Here are all the details.
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MBA: Foreclosure starts lowest in 16 years

Judicial states worse off
The nation continues to see foreclosure rates decline to lows not seen since 2000 or 2007. But there's still some ground to make up, especially in judicial states, which could be holding the market back from recovery. Here’s why.
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6 ways to save the family home after a death or divorce

The CFPB needs to implement changes
The people who succeed ownership of a home after a death or family breakup are known as "successors in interest" or "successors." However, the change in ownership is not a simple process and can a result in a lot of problems. The National Consumer Law Center is out to remedy this.
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Into the void: What the decision in Yvanova means

The California Supreme Court leaves much unresolved in case
Essentially, despite expounding on the issues for 30 pages, the opinion just stands for the unremarkable (and, largely, undisputed) proposition that a borrower has standing to sue for wrongful foreclosure where the transaction by which the beneficiary acquired the loan was void at its inception. That point was even conceded, to some degree, by respondents in their brief.
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CoreLogic: Foreclosures fall to lowest level since 2006

Recovery from housing crisis continues
In another sign that the recovery from the housing crisis is ongoing rather than stalled out, the total number of completed foreclosures in 2015 was the lowest number of completed foreclosures in any year since 2006, a new report from CoreLogic shows.
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Texas court upholds MERS right to claim lien

Electronic registry countersued for its rights
Summit Residential Services acquired an interest in the subject property following a foreclosure sale conducted by a homeowner’s association — and moved to clear title. Summit was granted judgment in its favor; extinguishing a MERS lien. So, MERS countersued in April 2014, and won.
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