Mortgage Delinquency Rates

Mortgage Delinquency Rates Surpass Pre-Pandemic Levels

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 […]

Florida Foreclosures Skyrocket

Florida Foreclosures Skyrocket 68% After Moratoriums Are Lifted

Florida Foreclosures Skyrocket 68% After Foreclosure Moratoriums Are Lifted. Yet, Foreclosures Are Lower Than Pre-Pandemic Filings RealTrac has released its Q3 2021 U.S. Foreclosure Market Report. The report shows there were a total of 45,517 U.S. properties with foreclosure filings, scheduled auctions or planned bank repossessions. This is up 34% from the previous quarter. Foreclosure […]

Mortgage Forbearances

Mortgage Forbearances Down 27 Basis Points

Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up […]

Mortgage Forbearance Alert

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

MORTGAGE FORBEARANCE ALERT! Don’t Be Caught Facing Foreclosure. You Have Options! MORTGAGE FORBEARANCE ALERT! Some homeowners will soon come to the end of their 18-month mortgage forbearance period. As a result, borrowers affected by the pandemic will have to figure out how to repay their back payments. Fortunately, most loan servicers don’t want to foreclose. […]

Foreclosure Moratorium Alert

Foreclosure Moratorium Alert! Homeowners Scramble To Find Help

Foreclosure Moratorium Alert! Homeowners Scramble To Save Their Homes In A Booming Housing Market MFI-Miami has issued a foreclosure moratorium alert for homeowners facing possible foreclosure. The federal foreclosure moratorium on mortgage foreclosures ended July 31st. As a result, homeowners will now have to deal with overdue payments that were paused for more than a […]