Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire

Covid-19, Mortgages / By

Published by CNBC Business, Real Estate | December 2, 2021 The bailouts allowed millions of homeowners to miss payments, some for up to 18 months. Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when …

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FORBES: Boise Is Booming. Real Estate Investors Should Take Note.

Investments / By

Published by Forbes.com | December 2, 2021 Boise has been booming, driven by an increase in both population and jobs, key indicators of a strong real estate market.  Boise has been booming, largely because of population inflow from California. Over the last three years the population grew 8 percent, a huge amount. This put a …

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Foreclosure Activity Sees 6th Consecutive Increase in Q3

Covid-19, Mortgages / By

Published by FOX Business | November 19, 2021 After the federal foreclosure moratorium ended in July, and the eviction moratorium closed in September, the number of foreclosures has been growing. Foreclosure activity saw an uptick in October, marking the sixth consecutive month of annual increases, according to the October 2021 Foreclosure Market Report from ATTOM Data Solutions. …

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Why Building More Homes Can’t Solve the Housing Affordability Problem

Covid-19, Rental Property / By

Published by Market Watch | November 17, 2021 Even before 2020, the U.S. faced an acute housing affordability crisis. The COVID-19 pandemic made it a whole lot worse after millions of people who lost their jobs fell behind on rent. While eviction bans forestalled mass homelessness—and emergency rental assistance has helped some—most moratoriums have now been lifted, putting a …

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Supply Chain Crisis Creating Unprecedented Housing Issues

Investments / By

Published by FOX Business | November 16, 2021 Jerry Howard, NAHB CEO, says the disruptions are creating never before seen ‘unusual circumstances’ for new homes National Association of Home Builders CEO Jerry Howard noted on Tuesday that supply chain disruptions are creating unprecedented issues, telling “Varney & Co.” they are causing “unusual circumstances” as it pertains to new …

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Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’

Behind The News, Investments / By

Published by Breitbart | November 13, 2021 If the Senate were to confirm Omarova, she would have the “most powerful, least accountable” position over America’s banking system. Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank …

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