The changes aim to "ensure continued support for borrowers during the COVID-19 national emergency," according to agency representatives.
Read More »Foreclosure Filings Drop to 16-Year Low
The 2020 figures represented the lowest level since ATTOM began tracking these numbers in 2005. Here’s how the numbers broke down.
Read More »How Are Mortgage Delinquency Rates Changing?
Overall delinquency rates were highest in Hawaii and Nevada. Click through to learn how else the industry landscape has changed according to the latest CoreLogic data.
Read More »Garden State Considers Program to Mitigate High Foreclosure Rates
Funding for the New Jersey programs would come from a new $350 fee collected from purchasers of foreclosed properties at a sheriff’s sale.
Read More »Millions May Lose Their Homes When Moratoria Expire
Despite federal and local efforts to halt foreclosures and evictions during a global health crisis, losing a home has become a real threat facing millions of Americans, especially as preventative moratoria expire in December and January. Several reports and publications ...
Read More »What Marcia Fudge’s Appointment Might Mean for HUD
Since President-elect Joe Biden nominated Ohio Rep. Marcia Fudge for Secretary of the Department of Housing and Urban Development (HUD), members of the housing industry, and Fudge herself, have reacted. Via Twitter, following the nomination, Fudge said, "This pandemic, the ...
Read More »Possible Solutions for Borrowers Unable to Make Payments
Based on its recent research and panel discussions, the Urban Institute on Friday published "Three Ways to Help 3.2 Million Struggling Homeowners." The Institute has discovered that while some 3.7 million homeowners, as of November, had resumed mortgage payments and ...
Read More »Distressed Property Investing in 2021 and Beyond
Two knowledgeable real estate veterans hosted a webinar in which they examined U.S. housing, the economy, and foreclosure trends, to name a few things. Rick Sharga, SVP at RealtyTrac, and Daren Blomquist, VP Market Economics at Auction.com Wednesday facilitated "2021 ...
Read More »Homeowners of Color Benefiting Less From Forbearance Programs
American borrowers in large part are taking advantage of The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which granted up to 12 months of forbearance to homeowners with federally backed mortgages. However, because the CARES Act foreclosure moratorium does ...
Read More »Distressed Property Investing in the Coming Year
As foreclosure moratoria expire in 2021, depending on actual and anticipated extensions, there are a couple of likely scenarios for servicers, says real estate investor and contributor to Millionacres, a Motley Fool publication, Liz Brumer. In the end, she concludes ...
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