After the 60 Day Foreclosure Freeze…

There is Mortgage relief at the federal level in the United States as the world attempts to grapple with the effect of the COVID-19 on businesses everywhere.  For sixty days, the US will cease action on foreclosures and evictions.  It is a relief for many out of work employees and small business owners whose business…

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2020 Foreclosure Forecast

2020 began, as most years do, with a continued expectation of strengthening Real Estate sales. While the season for Real Estate shopping has expanded to include Winter months, Spring still boasts the strongest real estate buying season.  And with Spring, came a pandemic lockdown.  Meanwhile, the PRNewswire.com foreclosure forecast for 2020 shows that foreclosures had…

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Highest Foreclosure Rate in Nation

Before the cry for foreclosures to be halted, and some of them will be frozen, but not all, where are most of the foreclosures happening in the United States? As housing has slowly healed from the great recession, one state still lags behind the others.  New Jersey’s foreclosure rate dropped along with the rest of…

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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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