Despite federal and local efforts to halt foreclosures and evictions during a global health crisis, losing a home has become a real threat facing millions of Americans, especially as preventative moratoria expire in December and January. Several reports and publications have examined the implications and possible solutions. An article by USA Today's N'dea Yancey-Bragg, for example, examines the Continue Reading
Archives for December 2020
‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’
Due to forbearance plans, home foreclosures are at record lows, but skyrocketing serious-delinquency rates point to a rough road ahead. That is, according to CoreLogic, provider of property-data analysis, which just released its monthly Loan Performance Insights report for August. It showed, nationally: •Overall delinquency rate for August was 6.6%. •The rate for early-stage delinquencies (30 to Continue Reading
