Article by: Simplifying the Market™Originally Published: November 4, 2021, 10:00 amWith forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble […]
Understand Your Options To Avoid Foreclosure
Article by: Simplifying the Market™Originally Published: September 8, 2021, 10:00 amEven though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see graph below), that’s […]
4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures
Article by: Simplifying the Market™Originally Published: July 28, 2021, 10:00 amWith forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in […]
Will Forbearance Plans Lead to a Tsunami of Foreclosures?
Article by: Simplifying the Market™Originally Published: January 13, 2021, 11:00 amAt the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. […]