Foreclosure Activity Drops, ATTOM Finds
ATTOM, Irvine, Calif., said U.S. properties with foreclosure filings are falling, down 2% from the previous quarter and down 13% from a year ago.
LendingTree: 5.6 Million Homes Vacant in Largest U.S. Metro Areas
LendingTree, Charlotte, N.C., reported that 5.6 million housing units are vacant in the largest 50 metro areas in the U.S.–and ranked which ones top that list.
CoreLogic: Mortgage Application Fraud Risk Index Up 8.3% in Q2
CoreLogic, Irvine, Calif., released its latest fraud report, finding that its Mortgage Application Fraud Risk Index increased 8.3% year-over-year in the second quarter and 1.1% from the first quarter.
Trepp: CMBS Special Servicing Rate Jumps in September
Trepp, New York, reported its CMBS Special Servicing Rate rose in September, up 33 basis points to 8.79%.
Clever Real Estate: Homeowners Spending Significantly on Renovations
Clever Real Estate, St. Louis, recently conducted a survey on home renovation trends, finding 63% of homeowners would prefer to remodel their existing home than move to one that has already been renovated.
Asurity’s Diane Jenkins: CFPB Issues Proposed Servicing Rules Aimed at Streamlining Loss Mitigation Process
As most servicers are well aware, the Consumer Financial Protection Bureau recently issued new proposed servicing rules essentially overhauling the existing loss mitigation process.
