Many Americans have successfully resumed paying their mortgage off, but some borrowers are still facing difficulty in today’s economy.
The post The Number of Americans Skipping Mortgage Payments Drops to Lowest Level Since April—but Some Borrowers Face Bigger Challenges appeared first on Real Estate News & Insights | realtor.com®.
Some homeowners don’t know they qualify for a relief program that allows them to delay payments, potentially leaving them vulnerable to foreclosure and eviction.
The post A Million Mortgage Borrowers Fall Through Covid-19 Safety Net appeared first on Real Estate News & Insights | realtor.com®.
New forms are showing up in some borrowers’ paperwork when they close on their home loan. Lenders are asking them to confirm that they don’t plan to skip their payments, at least not right away.
The post Before Making Loans, Some Mortgage Lenders Ask, Do You Really Plan to Pay This? appeared first on Real Estate News & Insights | realtor.com®.