With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of…
Posts published in “foreclosure”
Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment…
As the economy improved, tax returns came in and homeowners received stimulus payments, the mortgage delinquency rate dropped, according to Black Knight. Source: Inman News
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in…
The Consumer Financial Protection Bureau sent out a stern warning to mortgage servicers telling them to get prepared to prevent a wave of foreclosures later…
Capitol rioters’ public records reveal extensive financial hardship, and nearly 20 percent faced bankruptcy or foreclosure prior to the insurrection, according to “The Washington Post.” …
For many homeowners, bankruptcy may be a much smarter choice than facing foreclosure. But they may not have all the information they need to make…
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4…
U.S. foreclosure filings decreased 14 percent in November 2020 from the month before to a total of 10,042 properties with foreclosure filings, according to Attom…
From Biden’s campaign, here’s how we can expect his administration to respond to today’s most crucial housing issues. Source: Inman News