...of vacant or abandoned properties to prevent an influx of zombie foreclosures Leveraging strong buyer demand to uncover hidden equity for distressed homeowners Innovating pre-foreclosure sales to make them a...

...current high rate of forbearance plans could prove problematic down the road. The CFPB is warning services "to take all necessary steps now to prevent a wave of avoidable foreclosures"...

...timely payments before exiting. “We’ve never experienced a shock of so many people going into forbearance at once,” Gould said. CHANGES IN FORBEARANCE, FORECLOSURES The pandemic and resulting economic crisis...

..."The forbearance program in the mortgage industry prevented foreclosures by borrowers impacted by the pandemic and helped stabilize the housing market. Finally, fiscal stimulus under the CARES Act helped to...

...the WFG team’s knowledge and experience. They also rely on having access to a team of underwriters experienced in the nuances of foreclosures. “This is especially critical when looking at...

...from the previous year. "The government’s moratorium bans foreclosures on government-backed loans for homeowners, and borrowers in the forbearance program are also protected from foreclosure actions,” Sharga noted. “But loans...

...number of actions to help homeowners and renters facing financial hardship due to COVID-19. In addition to suspending foreclosures and evictions affecting homeowners, Fannie Mae extended eviction protections to multifamily...

...to resume payments. So there is no way to determine what foreclosures will look like once these programs end. Will we see a tsunami like we saw during the Great...

...Hold. Limit 3: Foreclosures Finally, HUD limits the FEMA Hold “to the initiation of foreclosures and the suspension of all foreclosures already in process” (Handbook 1402.B). HUD omits from the...

Editor's note: This article appears in the March 2021 issue of DS News, available here. In 2009, I began purchasing single-family (SF) and small multifamily foreclosures with the strategy of...