Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic. Source: Inman News
Posts published in “forbearance”
The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by…
Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to…
Forbearance programs that allowed homeowners with government-backed mortgages to put their monthly payments on hold during the pandemic will come to an abrupt end in…
Anyone believing but there will be a flood of homes that will be foreclosed on either toward the end of this year or in 2022…
The percentage of homeowners who are behind on their mortgage payments continues to fall, but an estimated 1 million homeowners face an elevated risk of…
Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments. Source: Inman News
With a potential surge in home foreclosures on the horizon, RES.NET, a technology platform provider for loan default management, says it’s revamped its real estate-owned…
Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors…
The national delinquency rate dipped below 5 percent in April, though nearly 1.8 million homeowners were at least 90 days behind on their mortgage payments,…