Tag Archives: foreclosure

Lenders granted some leeway to initiate foreclosures

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Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments. Continue reading →

‘It’s time for it to go’: Agents react to end of eviction ban

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A federal judge lifted the eviction moratorium on Wednesday, and Realtors responded with strong feelings on both sides. Continue reading →

What the end of the eviction ban means for landlords and tenants

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Mortgage foreclosure litigation attorney Jason Vanslette shares how the moratorium ruling impacts landlords and property owners — and why waiting to evict may be the smart move. Continue reading →

Homeowners are cashing out equity like it’s 2005

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With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of the housing bubble. Continue reading →

Fears of pandemic-induced foreclosure wave ease

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Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading →

Forbearance rate drops for seventh week in a row

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At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading →

How to talk to distressed homeowners about their options

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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 →