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foreclosure wave

Home buyers forced to look to riskier loans as interest rates soar and home prices crash, striking fears of a new Foreclosure Wave

Homeowner Protection Advocates, and Consumer Housing advocates warn that home buyers could find themselves in dangerous financial positions as they look for ways to cope with higher interest rates. New Home buyers feeling financially squeezed by higher interest rates are increasingly being guided by real estate agents and mortgage brokers to riskier types of mortgages …

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‘A Frightening increase.’ Foreclosure actions are up more than 150%. what could this mean to the housing market?

There has been a huge increase in foreclosure filings in the first half of 2022, but the reasons may surprise you! The number of foreclosure actions taken (when the lender takes the first public foreclosure action) is up a staggering 220% since the start of 2022. This according to real estate data analytics firm ATTOM …

‘A Frightening increase.’ Foreclosure actions are up more than 150%. what could this mean to the housing market? Read More »

mr. cooper

Mr. Cooper Purchases the Residential Mortgage Portfolio of Community Loan Servicing

Homeowners with loans serviced by Community Loan Servicing or Mr. Cooper need to take notice. This is important news.  If you own a mortgage that is being serviced by Community Loan Servicing, you will soon be dealing with a much bigger more stern servicer. A servicer well known for earning huge profits for the investors …

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Housing Bubble Homeowner Protection Alliance

Housing Prices are great indicator of Dangerous Housing Bubble Brewing in U.S!

U.S. housing prices are demonstrating signs of a dangerous “unhinged from fundamentals” level,  similar to the 2007 housing bubble that preceded the 2008 crash, according to a blog post by the Dallas Federal Reserve bank. “Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early 2000s,” the Dallas Fed …

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Foreclosure actions increase by 7x

Foreclosure Actions increase by 7X

For the past 2 years, real estate professionals and foreclosure consultants have been warning the nation about the foreclosure wave that would arrive once the federal pandemic moratoriums were lifted.  As they predicted, foreclosure actions increased by nearly seven fold in the first 2 months of 2022. Mortgage lenders, their servicing companies, and their foreclosure attorneys filed nearly …

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2022 foreclosure rates

Foreclosure Actions in 2022 have returned to pre-pandemic levels

The nearly two year long mortgage foreclosure freeze is over for homeowners around the country. That is terrible news for those still having trouble getting back on thier feet. However it is music to the ears of mortgage servicers and lenders. Who for almost 2 years have been sitting on the sidelines watching and unable …

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David Allen

Homeowner Protection Alliance is proud to Celebrate David Allen’s 5th Year as a Foreclosure Advocate! Honesty and Honor, the two traits that describe Mr. David Allen the best. For over 5 years David has been a vital member of our Advocacy team. David has been in the Mortgage industry for over 15 years, and has …

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Jason Murphy@HPA

Jason Murphy

Homeowner Protection Alliance is proud to Celebrate Jason Murphy 10th Year as a Foreclosure Advocate! Born in Liverpool UK, and raised in southern California, Jason joined our team at the start of 2012. Having worked in the mortgage & lending industry before his arrival, he witnessed first hand the difficult hardships homeowners suffered through after …

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Foreclosure

Foreclosure Actions and Mortgage Modification Applications on the Rise

After nearly two years of COVID-19 pandemic delay, an essential but ruthless part of the housing industry is slowly resuming. Although not yet back up to normal numbers, Foreclosures, Mortgage modification applications and delinquencies increased significantly during the end of the 2021 period. This even with most Lenders admitting publicly they have held off on …

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