...Data Solutions, which collects and analyzes property, mortgage, foreclosure, and disaster statistics. While the report showed home price gains steadily climbing nationwide, prices are rising more slowly—or not at all...
Read More »Search Results for: foreclosure wave
‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’
Due to forbearance plans, home foreclosures are at record lows, but skyrocketing serious-delinquency rates point to a rough road ahead. That is, according to CoreLogic, provider of property-data analysis, which...
Read More »Economist Predicts Foreclosure Wave Will Crash Down in 2021
...less likely to purchase houses. The unemployment rate for college graduates is 4.8%, considerably lower than the overall rate of 7.9%.” As a result, he continued, a “wave of foreclosures...
Read More »‘Flurry of Lawsuits’ Challenge CDC Eviction Moratorium
...altogether, arguing the CDC had no right to enact it in the first place. "The flurry of lawsuits has created a wave of legal uncertainty," Washington Post reported. This prompted...
Read More »States at Highest Risk of Economic Strain From COVID-19
...from two to four in the Baltimore region." Markets are considered more or less "at risk," AATOM representatives say, "based on the percentage of homes currently facing possible foreclosure, the...
Read More »Delinquencies Above Pre-Pandemic Levels Predicted Into 2022
...million excess delinquencies could occur in March 2021 when the first wave of forbearances reaches the 12-month expiration period. The Jacksonville, Florida-based company also observed that the mortgage market has...
Read More »Foreclosure Wave Could Culminate in ‘Major Event’
The near-future will be bringing a wave of foreclosures, according to a Federal Reserve economist, but this will not be at the severe levels experienced in the aftermath of the...
Read More »Industry Webinar Spotlight: Mitigating Risk, CWCOT Changes
...Trevor Hall, Director of Foreclosure Auctions Services, Hubzu Candace Russell, VP of Post Sale Activities in Default Servicing, Carrington Mortgage Services Marissa Yaker, Managing Attorney of Foreclosure, Padgett Law Group...
Read More »Biggest Challenges for Servicers of COVID-Related Forbearances
...exit for each of these consumers from the individual forbearances. What can the mortgage industry do to help homeowners avoid foreclosure during this crisis? It’s a really good question. COVID-19...
Read More »Cities With Most Distressed Homeowners
It has been widely reported that a wave of foreclosures similar to levels seen during the Great Recession is unlikely to occur despite the continuing economic hardship caused by the...
Read More »