Despite eviction and foreclosure moratoria, recently extended at federal levels—first from FHFA, FHA, and, later, the CDC—the country is in for a flood of eventual evictions, according to research collected...
Read More »Search Results for: foreclosure wave
Why Pending Foreclosure Wave Won’t Be Like the Last One
...of 2010, 1.65 million American homes went into foreclosure, according to ATTOM Data Solutions. In the first half of 2020, barely 165,000 loans were hit with foreclosure actions. McLaughlin points...
Read More »Could Fears of ‘Foreclosure Tsunami’ Be Unfounded?
...unlikely to lead to large amounts of foreclosure activity because homeowners have more equity than ever before.” A proper prediction of things to come includes understanding foreclosure’s two-step process or...
Read More »How Much Will Foreclosures Surge in the Months Ahead?
As Congress remains deadlocked on latest coronavirus relief package, new study anticipates worst-, middle-, and best-case outcomes for foreclosure rates. Whatever Congress and the White House decide, the anticipated foreclosure...
Read More »Post-Moratorium Planning Begins Now
...the economy will end. What we do know is that a wave of delinquencies and defaults is almost certainly on its way. While there are multiple foreclosure moratoriums in place...
Read More »Tracking Foreclosures and Distressed Properties
...around what the restart process looks like. Because they were so prescriptive and this moratorium’s about not initiating foreclosure, not advancing foreclosure, and not conducting foreclosures or evictions, it stopped...
Read More »The Democratization of Distressed Property Buyers
...the Coming Foreclosure Flood In-person foreclosure auctions nationwide largely ground to a halt in the second half of March due to the widespread foreclosure moratoriums and courthouse closures triggered by...
Read More »White Paper: Self-Governance Critical for PLS Industry
...open the PLS deals—and various PLS trust participants—to a wave of litigation that would likely have an outsized adverse reputational impact relative to PLS's small market share in the post-financial...
Read More »Flattening the Curve: Servicing in a Pandemic
...relief? Financial services law firms. These firms, themselves struggling with lost business loads as foreclosures grind and courts close across the country, are now working to assist servicers with the...
Read More »St. Louis Fed Economist on Recession Threat, Housing
...predatory. That led to more wealth declines as default rates and foreclosure rates were higher for racial and ethnic minorities. We at the Fed and other agencies have worked hard...
Read More »