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What Is Foreclosure? How It Works and Ways to Avoid Losing Your Home

What Is Foreclosure? How It Works and Ways to Avoid Losing Your Home
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Foreclosure Flux: U.S. Sees 10% Rise In 2023 But Remains Below Prepandemic Levels

U.S. foreclosure activity in 2023 increased from the previous year but was still below prepandemic levels, according to a report from real estate data provider ATTOM. Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 357,062 properties in 2023, up 10% from 2022 and up 136% from 2021. But they were down 28% from 2019 before the pandemic rocked the market, according to ATTOM's Year-End 2023 U.S. Foreclosure Market Report. Filings in 2023 also were ....

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Stop Foreclosure With Chapter 13 Bankruptcy: Your Guide To Protecting Your Home

Are you facing the daunting possibility of foreclosure? It’s a distressing situation that can leave you feeling helpless and overwhelmed. However, there is hope in the form of Chapter 13 ....

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How borrowers can stay afloat with home equity products

What can lenders do to help borrowers facilitate a sale and protect the equity in their home? Phil Johnsen at Altisource shares more. ....

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CNN Early Start With Christine Romans and Laura Jarrett October 14, 2021 09:49:00

Around the world thursday morning. hong kong closed for a holiday. european shares opened higher. on wall street, stock index futures at this hour are moving higher as well. stocks closed mixed after a key inflation report showed prices for consumers are still rising. the dow fell slightly, the s&p 500 and the nasdaq closed higher. we also saw minutes from the fed reserve s last meeting showing it will likely start cutting back on bond purchases later this year. more earnings rolling in this morning. bank of america and citigroup, morgan stanley will report results. foreclosures are resuming across the country. lenders started the foreclosure process on more than 25,000 properties last quarter. that s up 67% from a year ago. relief programs allowed borrowers who are having trouble making their payments to delay them for up to 18 months. those programs are now ending. one executive at realty track said foreclosures are still far below normal, but hundreds of thousands of borrowers are s ....

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