The New Federal Foreclosure Moratorium Deadline
We are kicking the can down the road–again. Millions of homeowners with federally guaranteed mortgages have the option to extend their forbearance an additional six months, and the new federal foreclosure moratorium deadline has been pushed [...]
The Most Recent Mortgage Delinquency Information
The most recent mortgage delinquency information came in November 2020. Delinquencies fell to their lowest level since the start of the coronavirus pandemic, back in March 2020, though the number is still far higher than the [...]
How I Crossed the Finish Line with a Non-Performing Note
I threw my arms in the air as I figuratively crossed the finish line this week. I paid $37,500 for a nonperforming note in September. The house is in Ohio. It went to foreclosure auction yesterday [...]