Since mortgages are the most secured of any loan type (a lender can foreclose on a house if the loan defaults), collection agencies generally don’t get much mortgage collection work. But there is one large exception: deficiency balances. If a lender approves the sale of a house for less than what is owed by the borrower, the difference is a deficiency balance. In the ongoing morass of the housing market, short sales are commonplace. Lenders will typically forgive deficiency balances. If they do not, that amount enters the ARM process and can find its way to debt collectors.
Filter by Location
Fannie Mae Investigation Report Looks to be Clear of New Problems
12 September 2006
Wachovia Expands into German Mortgage Market
12 September 2006
Inverted Yield Curve to Cool U.S. Housing Market
12 September 2006
Fannie Mae to Reduce ARM Servicing Fees in 2006
12 September 2006
ABN AMRO U.S. Mortgage Unit Loses Data Tape
12 September 2006
Freddie Mac Report Looks at Asian Homebuyers in the U.S.
12 September 2006
U.S. Warns About Nontraditional Mortgages
12 September 2006
3rd qtr Mortgage Delinquencies Rise
12 September 2006
Mortgage Rates Dip Following Fed Announcement
12 September 2006
Regulators say Hot Housing Market Boosted Mortgage Fraud
12 September 2006
FBI Vows to Crack Down on Mortgage Fraud
12 September 2006
Freddie Mac Survey Asks Why More Delinquent Borrowers Don't Call Lenders for Help
12 September 2006
Cooler U.S. Housing Market to Slow GDP in 2006
12 September 2006
Housing Slowdown May Claim 800,000 Jobs
12 September 2006
Fannie Mae Misclassified $6.7 bln of Loans in 2004
12 September 2006
Bankrate.com Survey Illustrates Why Banks Should Stay Out of Real Estate
12 September 2006
New Home Sales Surge to Record High in October
12 September 2006
Copyright Auriemma Roundtables, Inc. All rights reserved.
![[Image by creator from ]](/media/images/New_site_WPWebinar_covers_800_x_800_px.max-80x80.png)
![[Image by creator from ]](/media/images/Finvi_Tech_Trends_Whitepaper.max-80x80.png)
![[Image by creator from ]](/media/images/Collections_Staffing_Full_Cover_Thumbnail.max-80x80.jpg)
![Report cover reads One Conversation Multiple Channels AI-powered Multichannel Outreach from Skit.ai [Image by creator from ]](/media/images/Skit.ai_Landing_Page__Whitepaper_.max-80x80.png)
![[Image by creator from ]](/media/images/paper-collections_triggers_1_1.max-80x80.png){kind=small}
![Report cover reads Bad Debt Rising New ebook Finvi [Image by creator from ]](/media/images/Finvi_Bad_Debt_Rising_WP.max-80x80.png)
![Report cover reads Seizing the Opportunity in Uncertain Times: The Third-Party Collections Industry in 2023 by TransUnion, prepared by datos insights [Image by creator from ]](/media/images/TU_Survey_Report_12-23_Cover.max-80x80.png)
![Webinar graphic reads RA Compliance Corner - Managing the Mental Strain of Compliance 12-4-24 2pm ET [Image by creator from ]](/media/images/12.4.24_RA_Webinar_Landing_Page.max-80x80.png)
![Webinar graphic reads Help Wanted: Predictive, Collaborative and Intelligent Contact Data April 25 at 3pm et by TransUnion [Image by creator from ]](/media/images/Web_replay_Landing_Page.max-80x80.png){kind=small}
![Webinar graphic reads Multi-Channel AI: Improve Contacts & Increase Revenue Compliantly April 4 at 2pm et [Image by creator from ]](/media/images/Skit.ai_InsideARM_Landing_Page_1200x627.max-80x80.png){kind=small}
![Streamline Your Collections Process with Voice AI [Image by creator from ]](/media/images/Streamline_Your_Collections_Process_with_Voice.max-80x80.png){kind=small}
![How to Connect with Today’s Digital Consumer [Image by creator Editor from insideARM]](/media/images/finvi_webinar_thumbnail.max-80x80.png){kind=small}
![Customizable or Configurable? Webinar [Image by creator Editor from insideARM]](/media/images/Landing_Page_2.max-80x80.png){kind=small}
![How to Launch an Omnichannel Collection Strategy [Image by creator Neustar from insideARM]](/media/images/omnichannel-webinar.max-80x80.png){kind=small}
![Breaking Down the CFPB's Opinion on Convenience Fees [Image by creator Editor from insideARM]](/media/images/2022-11-convieniance-fees-webinar.max-80x80.png){kind=small}