US foreclosure filings jump as some states end relief measures

[Catalpha]

US foreclosure filings jump as some states end relief measures

August foreclosure filings across the U.S. jumped 11 percent from July, as several states ended their relief measures for homeowners who remain hard hit by the pandemic. Banks also repossessed over 2,000 homes last month, down slightly from July.

There were 9,889 foreclosure filings nationwide in August, according to Attom Data Solutions’ monthly tally.

Rick Sharga of RealtyTrac — an Attom Data subsidiary — said the increase was likely a result of several states having lifted their foreclosure moratoriums.

But the August filings were also 81 percent below the same period last year, as many states still have foreclosure freezes in place. And a ban on foreclosures involving home loans backed by Fannie Mae and Freddie Mac extends through Dec. 31.

The foreclosure ban on Fannie and Freddie-backed mortgages have provided relief for millions of American homeowners. The two government sponsored enterprises back about two-thirds of all home loans originated in the U.S.

[Catalpha]

California didn't end relief measures yet, ante in front there is crocodile festival. 

[psycopk]

Ee dems bill pass kanivakunda elections ki planning anukunta

[Lonavala]

3 minutes ago, psycopk said:

Ee dems bill pass kanivakunda elections ki planning anukunta

Uncle e @Catalpha gadni ban sesi punkyam kattukoni saamy

[Peddayana]

doom and gloom articles tappa inka em post cheyava vucle , you must be fun to be around , NOT

[Democraticcompulsion]

1 hour ago, Catalpha said:

But the August filings were also 81 percent below the same period last year, as many states still have foreclosure freezes in place. And a ban on foreclosures involving home loans backed by Fannie Mae and Freddie Mac extends through Dec. 31.

Ante Jan Feb 2021 ki kani true situation telidu.