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After over two years of falling delinquency rates, the burgeoning unemployment following the coronavirus economic shutdown will bring a surge of outstanding mortgages.
May 12 -
Specialized Loan Servicing will pay more than $1 million to settle Consumer Financial Protection Bureau allegations that it foreclosed on protected consumers and failed to send required evaluation notices in 2014.
May 12 -
With unemployment mounting, new mortgage forbearance requests could sharply increase in early May when payments are due.
May 4 -
Due to COVID-19's economic impact, the number of mortgaged properties in default or foreclosure rose in March for the first time since the turn of the century, according to Black Knight.
April 23 -
As the nation struggles with the coronavirus, now is not the time to make major revisions to the Community Reinvestment Act.
April 20NeighborWorks America -
January saw the lowest mortgage delinquency rate in over 20 years, according to CoreLogic.
April 14 -
Researchers predict that the rate will rise in step with unemployment rate projections.
April 13 -
Almost all California foreclosures and evictions have been put on hold for the foreseeable future.
April 7 -
A statewide stay-at-home order by Gov. Kay Ivey means evictions and foreclosures are on hold for at least a month.
April 6 -
One day after the rent was due, all evictions and foreclosures in Florida were suspended for 45 days under a statewide order issued Thursday.
April 2