Cost of insurance, property tax top triggers of mortgage delinquencies

Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading

After reaching historic lows, the foreclosure pipeline is starting to fill

While the numbers remain below historical levels, “it’s not going to be a surprise when we see the foreclosure numbers starting to rise,” according to Daren Blomquist, vice president of market economics at Auction.com. Continue reading

Slowing down pace of foreclosure can be counterproductive: Study

A study by Boston University’s Assistant Professor of Economics Adam Guren and Timothy McQuade, an assistant professor of finance at the Stanford Graduate School of Business, found that “policies that tend to slow down the pace of foreclosure can be co… Continue reading

Slowing down pace of foreclosure can be counterproductive: Study

A study by Boston University’s Assistant Professor of Economics Adam Guren and Timothy McQuade, an assistant professor of finance at the Stanford Graduate School of Business, found that “policies that tend to slow down the pace of foreclosure can be co… Continue reading