No flood of foreclosures to come in pandemic’s wake. Here’s why

Anyone believing but there will be a flood of homes that will be foreclosed on either toward the end of this year or in 2022 is likely to be disappointed. Here’s a closer look. Continue reading

Pending-home sales take 4.4% hit in April

In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading

COVID-19-related forbearance volumes decline for first time since pandemic hit

Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading

How to talk to distressed homeowners about their options

If you know of anyone who is facing a mortgage crunch due to COVID-19, time is of the essence. Here’s how you can help struggling homeowners get the help they need to fix their mortgage issues and keep their homes. Continue reading