A Spike in Foreclosures is likely coming

Florida Home Loans News

A Spike in Foreclosures is likely coming

Another Volatility Spike Is Likely Coming.. I showed three indicators that I believed pointed to an imminent volatility spike, most likely as a result of a bearish market movement. Sure enough.

Montgomery County Recorder Willis Blackshear said a major problem is people are not coming forward. mortgages and prevent foreclosure. Blackshear is using information gathered in his office to.

Consumer Financial Protection Bureau Consumer Financial Protection Bureau – CFPB: The Consumer Financial Protection Bureau (CFPB) is a regulatory agency charged with overseeing financial products and services that are offered to.

Pre-foreclosures have risen 13% year-over-year in New York City, according to the latest data from PropertyShark. Quarter-over-quarter they have registered a spike of 31%.

Instead, the spike in foreclosures was likely caused by last year’s hurricane season. After Hurricane Irma, many banks granted borrowers a forbearance period for several months, but these grace periods are probably all coming to an end this summer, thus contributing to the spike in the number of lis pendens banks have filed.

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As the number of foreclosures spikes back, a new report is saying that as many as 30% of foreclosed houses are seriously damaged. Foreclosures Spike in March, New Records Set You must have.

"They’ll get two or three months behind, and then you’ll see a lot of them file chapter 13 bankruptcy in hopes they can set up a debt-payment plan and prevent foreclosure. but it is coming..

How to Buy Tax Deed Homes: Tax Sale Foreclosures Amid an ongoing drought, farmers have been hoping for heavy rain in August – and they are likely to get a bit of relief this.

The property at 929 Kirby is the second River Oaks home to go under foreclosure in the last six months. The property at 929 Kirby is the second River Oaks home to go under foreclosure in the last.

Non-profits which help people stay in their homes are gearing for what’s expected to be another spike in foreclosures in 2010. Many banks are ending the moratoriums that had bought homeowners some.

It appears that the recent controversy about robo-signing of foreclosure documents and other delays in foreclosures also delayed the inevitable. One forecast now is a bunch of delayed foreclosures will be dumped on the market. CNBC refers to this as the foreclosure glut. This houses also will come on the market with the homes of prime mortgage holders who lost their jobs late in the downturn and other homes of people who held on as long as they could through the down cycle.

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