Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Source:…
Posts published in “Foreclosures”
The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Source: Inman News
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…
Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to…
Now more than ever, properties are selling well over list price, and buyers are chomping at the bit to purchase. Here’s why you shouldn’t wait…
It’s unclear exactly how many properties will be freed up after federal eviction and foreclosure moratoriums expire at the end of July. But whichever way…
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…
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,…
Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age…
Many homeowners who were granted forbearance during the pandemic are scheduled to hit 18-month program eligibility limit at the end of September. Source: Inman News