According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where these homeowners ... » Learn More about What Happens When Homeowners Leave Their Forbearance Plans?
Forbearance
Will Forbearance Plans Lead to a Tsunami of Foreclosures?
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. ... » Learn More about Will Forbearance Plans Lead to a Tsunami of Foreclosures?
5 Steps to Follow When Applying for Forbearance
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these ... » Learn More about 5 Steps to Follow When Applying for Forbearance
Fast Facts & Solutions for Mortgage Payment Relief Assistance
I hope you and your family are doing well during these times. Please know that I am here ti serve you with ALL of your real estate needs. I recently received the following information from a local lender. I think it is timely and valuable information and was given permission to share. ... » Learn More about Fast Facts & Solutions for Mortgage Payment Relief Assistance