Author name: intelacomm

Prior to the #pandemic in March, the number of #mortgages in #forbearance was fewer than 100,000. Currently, there are roughly 4.5 million #mortgages in #forbearance.  If you are facing #foreclosure and need help call 888-600-6030 or visit https://www.wrongfullyforeclosed.com/ 

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Federal Housing Administration mortgages — the affordable path to homeownership — now have the highest #delinquency rate in 4 decades.  The share of late #FHA loans rose to 16% in the second quarter. #Conventional loans delinquent were 6.7%. need help https://www.wrongfullyforeclosed.com/

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HOW CAN A #NEW YORK #FORECLOSURE RESTART AFTER STATUTE OF LIMITATIONS?if a timely commenced #foreclosure action is terminated, a lender may be able to rely on New York Civil Practice Law and Rule 205(a), known as the New York savings clause, to commence a new action, even if the #statute of limitations has since expired.

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