Payton Legal Group
Forbearances may have reached a floor.
"Forbearance remains an option for struggling homeowners" The share of mortgage loans in forbearance has remained steady over the past...
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Payton Legal Group
- Aug 3, 2021
- 2 min
Nearly half of forbearances will expire in the next two months – servicers beware
Around 65% of active forbearance plans are set to expire through the rest of 2021
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Payton Legal Group
- Jun 4, 2021
- 1 min
Forbearance share dips as re-entries increase
Forbearance re-entries increased to almost 5.6%.
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Payton Legal Group
- Jun 1, 2021
- 3 min
What’s the impact of the end of forbearance?
On June 30 of this year, the federal forbearance program is set to end.
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Payton Legal Group
- May 10, 2021
- 2 min
Complaints hit record levels – CFPB
Mortgage customers aren’t happy – in fact, the last time they were this unhappy was April 2018.
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Payton Legal Group
- May 1, 2021
- 3 min
U.S. Foreclosure Activity Continues To Increase Despite Government Moratorium
Foreclosure Activity Increases 9 Percent in First Quarter of 2021; Foreclosure Starts Increase 3 Percent From Last Quarter.
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Payton Legal Group
- Apr 8, 2021
- 3 min
Can the CFPB's new forbearance rules prevent a foreclosure crisis?
Can the CFPB's new forbearance rules prevent a foreclosure crisis?
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Payton Legal Group
- Apr 6, 2021
- 1 min
US consumer watchdog eyes rules to prevent foreclosures
The Consumer Financial Protection Bureau said Monday it is considering new rules aimed at averting a wave of foreclosures.
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Payton Legal Group
- Feb 25, 2021
- 3 min
Three solutions for homeowners in forbearance
Foreclosure and forbearance moratoriums were pushed out to June of this year but the extension isn’t necessarily a fix to the problem.
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Payton Legal Group
- Feb 8, 2021
- 2 min
Five million Americans missed housing payments in December
Five million Americans missed housing payments in December
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Payton Legal Group
- Feb 5, 2021
- 3 min
Forbearance is nearing its end and over 5% of borrowers are still in the program
We’re approaching the one-year anniversary of mortgage forbearance programs.
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Payton Legal Group
- Feb 4, 2021
- 2 min
Slowdown in forbearance improvement presents new challenges
Next month is shaping up to be an “inflection point” for the nation’s housing market as almost a quarter of active forbearance plans end.
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Payton Legal Group
- Dec 28, 2020
- 2 min
Mr. Cooper bolsters COVID-19 assistance initiatives
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Dec 23, 2020
- 1 min
Bank of America provides mortgage relief amid COVID-19 pandemic
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Nov 17, 2020
- 3 min
Forbearance rates are going down, but for how much longer?
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Nov 5, 2020
- 1 min
Forbearance numbers down, but still 'remarkably high'
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Oct 30, 2020
- 2 min
Forbearances tick back up above 3 million
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Oct 29, 2020
- 1 min
Forbearance share down only slightly – MBA
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Oct 26, 2020
- 2 min
Will the end of forbearance mean a wave of foreclosures?
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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Payton Legal Group
- Oct 16, 2020
- 3 min
Considering the availability of forbearance, why are 400K Americans behind on their mortgages?
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
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