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2022

Mortgage Delinquency Rates

Mortgage Delinquency Rates Surpass Pre-Pandemic Levels

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Mortgage Delinquency Rates Surpass Pre-Pandemic Levels Of 2019 At 3.8% Mortgage delinquency rates have hit pre-pandemic levels in October. Lending experts say the number will increase substantially in the coming months.  CoreLogic Loan Performance Report says this is due to labor market improvements and home equity increases. The report also states that rates will continue […]

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Mortgage Delinquency Rates Surpass Pre-Pandemic Levels Read Post »

new york city evictions

New York City Evictions Are Ramping Up Leaving Tenants On Edge

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Courts Are Ramping Up New York City Evictions And Leaving Tenants On Edge Heads up, New Yorkers! NYS Courts are ramping up New York City evictions. Most of these people are often foreign-born people in low-income neighborhoods.  As a result, tenants are coming home to find the locks on the doors changed or their personal

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New York City Evictions Are Ramping Up Leaving Tenants On Edge Read Post »

14500 Long Islanders

14500 Long Islanders Are In Mortgage Default

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14500 Long Islanders Are In Mortgage Default As The New York State Foreclosure Moratorium Ends Tomorrow 14500 Long Islanders are in some phase of foreclosure according court records. They could be forced out of their homes by the courts as early as Labor Day 2022. Homeowners need to step up their game if they are

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14500 Long Islanders Are In Mortgage Default Read Post »

Property Tax Increases

Property Tax Increases Cause Foreclosure Rates To Skyrocket

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Local Property Tax Increases Are Causing Mortgage And Tax Foreclosures To Skyrocket Homeownership platform Knock has found that the nation’s double-digit home value appreciation is a double edge sword. It has pushed homeowner’s equity to record highs. However, homeowners are now seeing local property tax increases. The recent rapid appreciation of home values has boosted

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Property Tax Increases Cause Foreclosure Rates To Skyrocket Read Post »

FHFA Hiked Fees

FHFA Hiked Fees For High-Balance And Second-Home Loans

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FHFA Hiked Fees For High Balance And Second-Home Loans Sold To Fannie Mae And Freddie Mac FHFA hiked fees for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac.  The new upfront fees for high balance loans will increase between 0.25% and 0.75%. FHFA says the new fee increases will be based

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FHFA Hiked Fees For High-Balance And Second-Home Loans Read Post »

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