Florida Court Clarifies Evidentiary Requirements for Foreclosure Filings
The Florida Fifth DCA reversed a summary judgment of foreclosure finding, Eagle Home Mortgage, LLC (“the bank”), failed to proffer sufficient evidence that it satisfied…
Category: Commentary
How Rising Mortgage Rates Stand to Impact the Economy
Although interest rates, which weeks ago hit record lows, are only beginning to inch upward, some financial experts believe the trend is “becoming a problem.” …
Enhancing Offerings With Loan Modification and Pre-Foreclosure Title Reports
WFG Default Title Services has expanded its offerings in response to the large number of forbearances and the need for mortgage servicers and default managers…
Examining Mortgage Liens and ‘Equitable Subrogation’
A legal expert examines a recent opinion from the New Jersey Appellate Division. Here’s how it could impact lenders/servicers operating in the Garden State. The…
The Limits of the “FEMA Hold” Moratorium
In February 2021, an unprecedented snap of winter weather covered much of Texas in snow, ice, and freezing temperatures. At a time when many loans…
A Look Inside Fannie Mae’s Servicer Toolkit
Cyndi Danko, VP, Single-Family Credit Risk Policy for Fannie Mae, discusses how the GSE is working to constantly evolve and improve its Servicer Toolkit. The…
NY Court of Appeals Rules on Foreclosure Deceleration, SOL
A legal expert discusses why this is good news for mortgage servicers and how it provides a “clear, bright path” forward for cases that may…
Navigating New Jersey Foreclosures in the Face of a Pandemic
According to one legal expert, servicer response to New Jersey Governor Phil Murphy’s Executive Order 106, though well-meaning, could potentially create more problems than it resolves.…