Overall foreclosure filings were up 57% in November from a year ago. Still, foreclosure filings for November slid 5% from the month prior, with 30,677 U.S. properties having a default notice, scheduled auction, or bank repossession tied to them, according …
Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home in 2006, …
“Too many homeless and crazy people running around. Suffice to say, I’m furious!” a Benson top executive wrote in an email, according to the outlet. Portland has been subject to rioters who have destroyed parts of the city on numerous …
In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s more, data from real estate data …
Christine Fife was “speechless with joy” when she won her foreclosure case in January 2020, she recalled, believing her decade under threat of foreclosure in her Upper West Side condo was finally over. Now, though, Fife is once again facing …
Former bank president and Head of Research at GoldMoney.com, Alasdair Macleod, lays out a step-by-step preview of the coming financial meltdown, including: – a trapped Fed compelled to accelerate their runaway debt QE and currency debasement, – organic eruption of …
by confoundedinterest17 The good news? Only 3.6% of all active mortgages remain in forbearance. The bad news? The mortgage foreclosure moratorium comes to an end on July 31st. The good news? The Biden Administration rode to the rescue with a new mortgage …
This is an interesting take I hadn’t thought of on why the housing market is in trouble. Synopsis below but the video is really good with supporting data included… 1.7 million homeowners are currently 90+ days past due. Foreclosure moratorium …
by Martin Armstrong The White House and other federal agencies jumped into action as state and local governments began screaming that they were not prepared to protect renters if the federal eviction ban expired with regard to rent evictions. …
NEW YORK/WASHINGTON, April 19 (Reuters) – The U.S. consumer watchdog is scrutinizing mortgage servicers’ compliance with pandemic relief programs amid concerns struggling homeowners are not getting the help they need to avoid foreclosures, or are being discriminated against, said a …
