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 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! 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! 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 […]
Foreclosure Warning! Lenders To Resume Foreclosures On July 1st When Federal Foreclosure Moratorium Ends Foreclosure Warning! Homeowners in default on your mortgage better figure out a plan to save their home. The federal foreclosure moratorium is expiring July 1st. Lenders are lining up at courthouses across the US to file foreclosure documents. Lenders and the […]
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