US Foreclosure Activity Sees Spike in May 2023 – Examining the Future of Urban Spaces
IRVINE, Calif. – June 8, 2023 – ATTOM, a leading curator of land, property, and real estate data, today released its May 2023 US Foreclosure Market Report, which shows there were a total of 35,196 US properties with foreclosure filings – default notices, scheduled auctions, or bank repossessions – up 7% from a month ago, and up 14% from a year ago.
Are You Prepared For An Increase In Business?
IRVINE, Calif. — April 19, 2023 —ATTOM , a leading curator of land, property, and real estate data, today released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a foreclosure filings during the first quarter of 2023, up 6 percent from the previous quarter and up 22 percent from a year ago.
HUD Announces 30-basis-point reduction in Annual Mortgage Insurance Premiums
On Tuesday, February 22, 2023, HUD announced a 30-basis-point reduction to the annual Mortgage …
HUD Face-to-Face: Managing Deliverables in 2023
In November 2020, after a year marked by widespread property damage due to storms and flooding, the US Federal Reserve acknowledged climate change’s influence on the US financial system and mortgage market for the first time in its semi-annual Financial Stability Report.
Impact of Natural Disasters on the US Mortgage Industry
In November 2020, after a year marked by widespread property damage due to storms and flooding, the US Federal Reserve acknowledged climate change’s influence on the US financial system and mortgage market for the first time in its semi-annual Financial Stability Report.
Return of the US Foreclosure Market, Post-Pandemic
COVID-19 brought with it several socioeconomic shifts, leading to a decrease in performance across sectors and large-scale unemployment.
The mortgage industry is ready to make a comeback from the lows.
Regularly, the Consumer Financial Protection Bureau (CFPB) publishes a report examining mortgage servicers’ responses. It recently released a report related to the Covid-19 pandemic. The data, collected across 16 large servicers from May through December 2021, reveal homeowners continue to face significant risks and challenges connected to working with their mortgage servicers.
The past, present, and upcoming months of 2022 for the Property Preservation and the Mortgage Industry
As 2022 continues, property preservation companies are navigating through challenges presented by low foreclosure/REO volumes, navigating regulatory challenges posed by maintaining properties and preparing for an upswing in those volumes as moratoria and homeowners exit forbearance.
Outsourcing Property Preservation Services – Traditional Vs Advanced Methods
The disruption due to advanced technology in the property preservation industry depicts a major evolution. In this new automation-driven era, as the world is adopting advanced technology for overall improvement, most of the property preservation service-based companies are focussing on the quality and accuracy of the services, which play a key role in making them stand out from their competitors.
IMS Datawise announces the appointment of Gary Archambault.
Have you ever considered how a partnership with an outsourced back-office company like IMS Datawise can streamline your operations, making your property preservation successful and profitable?
