by mendezlaw | Oct 21, 2020 | Loan Modification, Uncategorized
More than 6M households missed their rent or mortgage payment in September Jessica Menton USA TODAY Persistent layoffs are slowing momentum in the labor market, which bodes poorly for the broader U.S. recovery as millions of out-of-work Americans delay their mortgage...
by mendezlaw | Oct 9, 2020 | Foreclosure
How do you find a foreclosure property? You can get fantastic deals if you know how to buy them. When purchasing a foreclosure or bank-owned property, it is imperative you understand if the property is subject to the title or lien theory of mortgages. Each theory has...
by mendezlaw | Oct 1, 2020 | Foreclosure
https://www.axios.com/florida-desantis-eviction-moratorium-expire-19646d6e-742f-4577-87ce-97c66d1b01e6.html . Florida Gov. Ron DeSantis speaking in Tallahassee in August. Photo: Don Juan Moore/Getty Images Florida Gov. Ron DeSantis said Wednesday he would let the...
by mendezlaw | Sep 28, 2020 | Uncategorized
Freddie Mac reported that the Single-Family serious delinquency rate in August was 3.17%, up from 3.12% in July. Freddie’s rate is up from 0.61% in August 2019, and no one know how these defaults will end. This is the highest serious delinquency rate since...
by mendezlaw | Sep 24, 2020 | Mortgage
This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008. The following data is calculated from the Fed’s Flow of Funds data (released today) and the BEA supplement data on single family...
