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US Real Estate
More homeowners are relying on forbearance to ride out the pandemic
By
Mike Wheatley
| December 24, 2020
Featured News
,
US Real Estate
Investors wait to capitalize on pandemic-related foreclosures
By
Mike Wheatley
| September 25, 2020
Investors are rubbing their hands with glee at the prospect of a surge in repossessed homes as millions of homeowners are believed to have fallen behind on their mortgage repayments, putting them at risk of losing their homes once moratoriums end. The Wall Street Journal says that investors are expecting a “potential bonanza” of distressed […]
Mortgage
,
US Real Estate
Zombie foreclosures decline during COVID-19
By
Mike Wheatley
| June 1, 2020
The COVID-19 pandemic has not set off a wave of foreclosures, in large part because the government has put moratoriums on foreclosures and banks are offering mortgage forbearance options for homeowners who have lost their jobs. “Zombie foreclosures”—homes that sit vacant—are actually down 3.1% from the first quarter of 2020, ATTOM Data Solutions reports. Further, […]
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