Forbearance to Foreclosure Conversion Danger

The danger of #mortgage #forbearances turning into #foreclosures is rising as #COVID-19 infections surge in the U.S. according to #Federal Reserve Bank of Atlanta and Federal Reserve Chairman Jerome Powell. Looking for help, visit https://www.wrongfullyforeclosed.com/ 

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Foreclosure Forecasting…

Per ATTOM Data Solutions recent report by region, the mid-level forecast shows #foreclosure filings will increase about 80% in the South, rocketing more than three-fold in the West, and by more than double in the Northeast and Midwest. Get help now, visit https://www.wrongfullyforeclosed.com/ 

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FHA Now has Highest Delinquency

Federal Housing Administration mortgages — the affordable path to homeownership — now have the highest #delinquency rate in 4 decades.  The share of late #FHA loans rose to 16% in the second quarter. #Conventional loans delinquent were 6.7%. need help https://www.wrongfullyforeclosed.com/

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Is Your Mortgage Protected From Foreclosure?

The #CARES Act put a moratorium on #foreclosing on federally-backed #mortgages, It doesn’t touch anything else. It doesn’t affect property owners associations; it doesn’t affect taxes. In short, #foreclosures for HOA fees and taxes can continue. https://www.wrongfullyforeclosed.com/ 

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Mortgage Payments: Not All Will be Forgiven

Amidst the voluntary isolations, business closings, telecommuting and other substantial changes we are undergoing as a society, many have been panicking about how to pay their bills and especially, how to pay their mortgage.  In the United States, FHA, Fannie Mae and Freddie Mac have ordered lenders to be flexible if workers have lost income. …

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When a Death in the Family Sets Foreclosure in Motion

I recently attended an out of town visitation and funeral service.  The deceased was a wonderful woman who lived a long productive life, gracing the lives of the many who knew her.  What I found moving was that after spending several days with her family, I was reminded of how deeply the death of a…

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Foreclosure Fraud Still Happening

It has been 7 years since the record setting $25 billion agreement with the five largest mortgage servicers addressing foreclosure abuses, and yet, it was only this year, in a hearing at Brooklyn Borough Hall that residents and housing experts testified on deed theft, liens for minor unpaid bills, fraudulent documents and other foreclosure related…

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