A Spike in Foreclosures is likely coming

Treasury Secretary Steve Mnuchin’s bank dramatically ramped up its foreclosures of homes owned by senior citizens in the months before he joined President Donald Trump’s administration, according to government data newly released under the Freedom of Information Act.. The revelations from the U.S. Department of Housing and Urban Development come as the agency’s auditors released a new.

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But these numbers are likely to reverse next year, with foreclosures spiking again. And it has nothing to do with recent-vintage loans, which actually have performed as well as any in decades.

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A national neighborhood advocacy group says Tennessee has one of the 10 worst foreclosure rates in the nation and local real estate experts say the situation is likely to worsen. In 2006, there.

2018-12-27  · A spike in oil prices, could. macroeconomy is likely to dampen oil prices but the big. to add volatility to oil markets globally in the coming.

Instead, the spike in foreclosures was likely caused by last year’s hurricane season. After Hurricane Irma, many banks granted borrowers a forbearance period for several months, but these grace periods are probably all coming to an end this summer, thus contributing to the spike in the number of lis pendens banks have filed.

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HOA foreclosures on the rise More will be coming from other Indiana casinos likely later this year. Christina Gray, executive director of the Indiana.

As The New York Times reported, that shift, and what appears to be a spike in the numbers designated for such additional. The uncertainty and attenuated wait times have discouraged many, and it has.

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