...a crisis, capital at the enterprises offers borrowers protection from foreclosure, destroyed credit, and displacement. This is especially important for lower-income and minority families who are often first to lose...
Read More »Search Results for: foreclosure
Shaky Economy Hasn’t Slowed Rise in Home Equity
...properties,” Teta said. “However, that may shift once the foreclosure moratorium is lifted and that’s something we’re watching, partly because it could limit equity gains and draw people underwater. For...
Read More »Is Chapter 7 Bankruptcy Broken?
...happens, and if the debtor does not workout financial arrangements with the creditor, they mainly file foreclosure and eventually take possession of the property. This creates emotional turmoil and long-lasting...
Read More »Easing Foreclosure Flood Fears
...certain allowances expire? ATTOM Data Solutions and RealtyTrac's April 2021 U.S. Foreclosure Market Report, which shows there were a total of 11,810 U.S. properties with foreclosure filings—default notices, scheduled auctions,...
Read More »Experts Express Optimism About Delinquency Rate
...serious delinquency rate—defined as 90 days or more past due, including loans in foreclosure—was 3.7%, up from 1.2% in February 2020. Due to state and federal foreclosure moratoria still in...
Read More »Mortgage Delinquency Rate Declines at Unprecedented Pace
...see seriously delinquent loans—those loans that are over 90 days past due or in the process of foreclosure—at elevated levels, particularly for FHA and VA borrowers." Echoing the MBA's findings,...
Read More »The Sky’s the Limit With SFR
...the coming months, with a lack of inventory possible being buoyed by an influx once foreclosure moratoria lift. “Then there will be the issues of how to manage an influx...
Read More »What is Motivating Distressed-Property Investors?
A significant portion of investors who purchased homes in foreclosure this year refurbished the property and rented it back to the occupant, preventing eviction, according to a report from a...
Read More »CFPB Gauges COVID-Related Borrower Challenges
...them from foreclosure and eviction as the nation deals with economic uncertainty. The CFPB recently issued an interim final rule in support of the Centers for Disease Control and Prevention...
Read More »The Exchange: Sorting Out Mortgage-Servicing Rights
...they exit forbearance? How to address borrowers who are unable to take advantage of the deferment solution put out by other agencies. When and how will the foreclosure processes be...
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