Tag Archives: Foreclosure

Bright spots in employment and the economy are driving more and more Americans out of forbearance plans.

The GSEs continue to provide struggling homeowners with options to keep them in their homes as the economy regains its footing a year into the pandemic.

“It’s a very special historical milestone for Auction.com to promote its first woman president, and to do so during Women’s History Month,” Allnutt said. “Nothing better represents our commitment to recognizing and promoting fantastic talent, while creating a more diverse and inclusive company.”

According to Black Knight’s latest forbearance data analysis, a common trend continued as the number of active forbearances fell this week, driven by month-end expiration activity. Nationwide, the number of U.S. homeowners with forbearance plans stood at approximately 2.69 million ...

Funding for the New Jersey programs would come from a new $350 fee collected from purchasers of foreclosed properties at a sheriff’s sale.

When it comes to credit, the reverberations of COVID-19 are shaking some states more vigorously than others, according to an Annual CardRatings state-by-state study. States in the best position to bear the brunt of this year’s economic uncertainty are reflected ...

The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...

The Chair of the Legal League 100 provides insights into a recent ruling that has implications for financial services attorneys in the Sunshine State.

There is little doubt that the COVID-19 pandemic will give rise to more foreclosures, but industry professionals predict conditions won’t be nearly as bad as they were in 2008-2010, for a few reasons.   A prominent housing analyst told Bankrate.com to expect hundreds of thousands of defaults next year as mortgage forbearance periods end. ...

This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA.