Even though the number of borrowers in COVID mortgage bailout programs are falling, those still in trouble, are not underwater as thought. Thanks to the soaring home prices, leading to high levels of home equity, has struggling borrowers are inContinue Reading
Last updated on September 8th, 2021 at 03:23 pmOn Friday the Biden administration announced that it is coming with new loan modifications and payment reductions plan to help homeowners who are lagging behind on their mortgage payments during the coronavirusContinue Reading
Last updated on February 3rd, 2021 at 11:53 amAccording to research released in mid-October by the data firm CoreLogic, In July, 1.4% of homeowners with a mortgage were late with their payments by four months or more. That was the highestContinue Reading
Last updated on February 2nd, 2021 at 06:21 pmEven as the mortgage delinquencies rise, because of the continuation of moratoriums ordered by federal and state governments in the early stages of COVID-19 pandemic, the Foreclosure activity in the United StatesContinue Reading
Last updated on February 2nd, 2021 at 06:21 pmAccording to the administration officials of the Department of Housing and Urban Development, homes backed by the Federal Housing Administration will get an extended ban on evictions and foreclosures till the end ofContinue Reading
Last updated on February 2nd, 2021 at 05:13 pmWith the COVID 19 pandemic still spreading and the government relief programs are about to run out we will see a surge in foreclosures, according to a new report by Federal ReserveContinue Reading
