Foreclosure

A new report indicated that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7% of those vacant properties in the process of foreclosure, otherwise known as “zombie foreclosures.”  That is according ...

With the storm having made landfall Thursday with winds estimated at 150 mph, the industry is mobilizing to assist impacted homeowners, but challenges such as insurance gaps will complicate that recovery.

A number of metros in seven states are under enhanced siege by a percolating number of FHA delinquencies, jeopardizing homeowners and neighborhoods, according the AEI.org. A cocktail of factors place them at pronounced risk. They include, a large FHA portfolio ...

FHFA Director Mark Calabria said the changes would help "keep borrowers in their homes during the pandemic" and protect "more than 28 million homeowners with an Enterprise-backed mortgage."

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will extend buying qualified loans in forbearance as well as several loan origination flexibilities. To support homeowners and mortgage lenders, the agency approved a continued extension ...

This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA.

The ongoing COVID-19 pandemic and expiration of expanded unemployment benefits continue to represent significant uncertainty for the weeks ahead, according to researchers.

Even once trends begin to change, one expert suggests several factors "should give many distressed homeowners an opportunity.”

While more foreclosures may be inevitable, one economist suggests that this recession may be different from what has come before. Here's why.

What takeaways did the previous economic downturn provide that can be applied to current attempts to assist struggling homeowners?