Foreclosures

Louisiana ranks second in the nation in the percentage of homeowners who are late on their mortgage payments, according to Black Knight.

From guidelines for remote appraisal alternatives to the ways that forbearance affects borrowers' ability to get new loans, here are five examples of mortgage requirements that have been in flux since the coronavirus outbreak in the United States.

With coronavirus moratoriums still in place, foreclosures fell to the lowest level since at least 2000, while serious delinquencies ballooned by 1.2 million in June, according to Black Knight.

A strong housing market prior to the pandemic and the subsequent coronavirus-related moratorium helped to pull foreclosure activity down to historic lows in the first half of 2020, though that could all change soon, according to Attom Data Solutions.

The share of Dallas-Fort Worth area homeowners who are behind on their mortgage payments is spiking with the pandemic.

Community associations have continued to take homeowners to court and initiate foreclosures during the economic crisis for delinquent dues

Blackhawk Community Credit Union sold the buildings it acquired in lieu of foreclosure to Rock Renaissance Partnership for $165,000.

The FHFA and FHA both announced for the second time that they were delaying the freeze to protect borrowers and renters during the coronavirus pandemic.

Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.

The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac.