Cashflow Chick Blog

Research shows that so-called “zombie foreclosures” are emerging in much bigger numbers again as distressed homeowners abandon their properties in the belief that somebody soon will repossess them. Remember Jingle Mail? When someone who has a [...]

So far, we are experiencing an uneven economic recovery with a hidden impact of lost jobs and lower-income for some homeowners. There is a complicated web of rules and regulations to help renters and homeowners [...]

According to Realtor Magazine, “The Federal Reserve voted to keep its benchmark interest rate near zero and historic lows as the economy continues to recover from the COVID-19 pandemic.” The Fed vows to keep the benchmark [...]

According to Wolf Richter for WOLF STREET, “Everything is on ice. But when forbearance ends, forced sellers or lenders will put millions of these homes on the market. Since last spring, a historic delinquency problem has been fermenting [...]

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 [...]

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 [...]