Homeowners have seen their equity grow in excess of 30% over the last year, giving some borrowers a crutch against foreclosure.
Read More »Stepping Up Efforts to Avoid a Foreclosure Wave
The CFPB, along with other federal regulators, calls on mortgage servicers to safeguard at-risk homeowners in the wake of pandemic protections.
Read More »8.8M Borrowers Have Saved $14B By Refinancing
Since the start of the pandemic, homeowners have reduced their mortgage payments by more than $1.3 billion per month through rate and term refinances.
Read More »Homeowners Have Gained $2.9 Trillion in Equity
Data analyzed by CoreLogic has found the share of homes in negative equity fell to 2.3% in the second quarter of 2021 the lowest share in at least 12 years.
Read More »Homeownership: Asset That ‘Keeps on Giving’
Price jumps that helped sellers earn big profits also led to equity improvements not seen in years, according to analysts.
Read More »CFPB Braces for Mass Forbearance Exodus
With nearly 2.5 million homeowners in forbearance plans set to expire, the CFPB has issued a proposal for mortgage servicers and borrowers to work together to avoid a potential mounting number of foreclosures.
Read More »An ‘Extraordinary’ Rise in House Prices: Causes and Implications
The "extraordinary" rise of house prices during a pandemic is "a major event that should not be shrugged off or ignored," a former Freddie Mac CEO explains.
Read More »Mortgage Delinquency Tops 6% in April
With home prices predicted to fall, a rise in serious delinquencies and foreclosures could be on the horizon.
Read More »Which Counties Have the Most At-Risk Borrowers?
A new report found there are “storm clouds” gathering around the housing market, as foreclosure risks increased for certain counties.
Read More »Fewer Borrowers Making Full Loan Payments
A new report found young borrowers and low-income households are the most at-risk at missing payments.
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