GET FOX BUSINESS ON THE GO BY CLICKING HERE As a result, a backlog of foreclosures has been building up, Sharga said. This includes "loans that were in foreclosure prior to the moratoria; loans that would have defaulted under normal circumstances; and loans whose borrowers are in fina...
U.S. attorney's offices will determine whether to stop foreclosures and evictions on delinquent accounts they were already handling. Nathan Kauffman, vice president and Omaha branch executive of the Federal Reserve Bank of Kansas City, said he does not expect COVID-19 to have an immediat...
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A total of 51,192 properties were set for foreclosure auctions last month, a 1 percent drop from July but up 1 percent from a year ago, ending a 44-month streak of annual decreases. "It's not time to get worried about another tsunami of foreclosures hitting anything close to wha...
For the tenth straight month, Florida had the nation's highest foreclosure rate, followed by Maryland, Nevada and Illinois. "After nearly four years of falling foreclosures, we are starting to see evidence that foreclosure numbers are normalizing at the national level," said Blomquist. ...
If you are looking for investment property, give me a call. We work with investors who are looking for good rental property with positive cash flow. We specialize in HUD Foreclosures, distressed sales, short sales and mobile homes. 832-868-6647. Texas State and Local Government. Depar... ...
All-cash sales made up 30% of transactions, up from 29% a year ago. Distressed sales, including foreclosures, represented only 2% of transactions, virtually unchanged from last year. "Increases in inventory will temper future gains in home prices," said Nancy Vanden Houten, lead U...
occupied homes. The home ownership rate has historically been government-promoted, encouraging Americans to pursue home ownership, reaching a peak of roughly 69% home ownership throughout 2004, but declining in the following years as foreclosures increased and home values fell during the US Housing ...
US farm foreclosures alone were up 24% in the 12 months ending September 2019. US consumer confidence is dwindling. TheHill.com says,Amajority of respondents in a new pollsaid they expect the U.S. economy to enter a recession within the next year, despite a strong job market and steady ...
IRS caused foreclosures and in fact the Wells Fargo foreclosure now stems from IRS putting me out of business and so thoroughly robbing me of my health that I couldn’t make the kind of money I had previously made as a self employed Realtor. Plus, by putting me out of business when it...