The effects of last summer's hurricanes, while fading from their early impact on loan performance stats, are still being felt. Black Knight reports, in its “First Look” at January data, that past due mortgages nationwide declined by 8.6 percent or 210,000 loans when compared to December but are still 1.3 percent higher than in January 2017.
MSP is a comprehensive, end-to-end loan servicing system that encompasses all aspects of servicing, from loan boarding to default. The MSP servicing system will continue to provide First Bank Mortgage with a proven technology that will help the bank increase operational efficiencies and support its efforts to remain compliant with regulatory requirements. Foreclosure News
Next to a new Columbus, Ohio, apartment complex on East Whittier Street – a shining testament to the South Side's revival – sits a block of boarded-up and crumbling brick townhomes. The townhomes, five blocks east of Parsons Avenue, aren't owned by an absentee landlord. Foreclosure News
Altisource Portfolio and Ascent Capital Group are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, valuation, analyst recommendations, institutional ownership, profitability and earnings. Altisource Portfolio presently has a consensus target price of $ 20.50, indicating a potential downside of…
A foreclosure sign hangs on a fence in front of a foreclosed home in Richmond, Calif. Three Northern California men, including one of Oakland's largest landlords, were convicted Friday of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices, U.S. Department of Justice officials said. Foreclosure News
The Supreme Court ruled Monday that cities may sue banks under the federal anti-discrimination in housing law, but said those lawsuits must tie claims about predatory lending practices among minority customers directly to declines in property taxes. The justices' 5-3 ruling partly validated a novel approach by Miami and other cities to try to hold…
The town has purchased the former Jumbo's Diner, 1 Main St., for $ 60,000 after being the only bidder at a foreclosure sale earlier this week. Town Supervisor David Spilman Jr. said the building's most recent owner, Tammy Groves, filed for bankruptcy last year. Foreclosure News
