Foreclosures still a big problem in Clearwater
Clearwater city leaders are considering a foreclosure registry. The ordinance would require banks to register all foreclosed properties with the city.
Clearwater city leaders are considering a foreclosure registry. The ordinance would require banks to register all foreclosed properties with the city.
“They said, 'Oh, yeah, we're gonna get this house.' I said, 'You're going to get this house?' They said, 'Yeah.' Foreclosure News
U.S. Bank National Association as trustee for the CMLTI asset-backed Pass-TH v. Dennis R. Baker, Crystal L. Baker, mortgage foreclosure. Foreclosure News
Earlier this week, we noted that the New York Fed's quarterly household debt data showed a collapse in the share of consumers facing collections for bad debts. On Thursday, quarterly data from the Mortgage Bankers' Association relating to mortgage bankruptcy and delinquency showed similar results. Foreclosure News
Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black Knight. The total delinquency rate dropped 10.17% year-over-year in April and 1.6% from the previous month to 3.67%, its second lowest level in 12 years. Foreclosure News
Local homeowners were promised hurricane relief by Wells Fargo, which would allow them to postpone three months of mortgage payments. But they're finding out the offer had fine print, and one local woman claims it will cost her a fortune. Foreclosure News
The desire to pay off the mortgage before retiring is based on a false paradigm and a obsolete meme. The false paradigm is that it's “safe” not to have a payment in retirement when your earnings are reduced. Foreclosure News