Since early 2020, banks across the U.S. have been banned from foreclosing on homes as part of the federal government’s efforts to assist families feeling economic pain caused by the pandemic. On
Foreclosure Sales Drop To Lowest Level Since 2007
Dated: April 14 2014
In addition, there were approximately 69,000 foreclosure starts in February, down from 75,000 in January, according to data released by HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. Those figures marked the lowest since the initiative began recording data in 2007.
Delinquencies of 60 days or more were under 2 million forthe second straight month. That marks a decrease of over 2 million since December 2009.
February’s loan modifications were down slightly from January, dropping from 44,000 to 42,0000. This total includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program. Read More Here...
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....
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