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US foreclosure rates surge in Q3 2023
US foreclosure rates surge in Q3 2023. Economy rebounds, but foreclosure filings tell a different story.

Payton Legal Group
Nov 14, 20232 min read
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Direct mortgage lender forecloses on 3,200 units
Direct mortgage lender forecloses on 3,200 units. Big default shows loan pressures as rates rise

Payton Legal Group
Apr 16, 20232 min read
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US foreclosure filings surged 115% in 2022
US foreclosure filings surged 115% in 2022. The report reveals why repossession remains low despite the rise in foreclosure activity

Payton Legal Group
Jan 13, 20231 min read
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US foreclosures continue to soar… but they are still below pre-pand
US foreclosures continue to soar
… but they are still below pre-pandemic levels

Payton Legal Group
Dec 14, 20222 min read
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US foreclosure activity soars to almost pre-pandemic levels
167% increase from a year ago, but borrowers selling homes to avoid foreclosure auctions

Payton Legal Group
Oct 22, 20223 min read
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Credit Suisse to pay $495 million to settle legacy RMBS case
Credit Suisse Group AG agreed to pay $495 million to settle the largest remaining case related to mortgage-backed securities.

Payton Legal Group
Oct 22, 20222 min read
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Highest foreclosure activity since March 2020.
Highest foreclosure activity since March 2020. The increase coincides with lifting of CFPB restrictions

Payton Legal Group
Feb 28, 20223 min read
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What happened to foreclosures after federal moratorium ended?
Report reveals impact of moratorium expiration on foreclosure activity Foreclosure activity spiked 27% month over month and 60% year over...

Payton Legal Group
Sep 10, 20212 min read
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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

Payton Legal Group
Aug 3, 20212 min read
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Forbearance share dips as re-entries increase
Forbearance re-entries increased to almost 5.6%.

Payton Legal Group
Jun 4, 20211 min read
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Complaints hit record levels – CFPB
Mortgage customers aren’t happy – in fact, the last time they were this unhappy was April 2018.

Payton Legal Group
May 10, 20212 min read
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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.

Payton Legal Group
May 1, 20213 min read
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Foreclosure activity increases in Q1, despite moratorium
Foreclosure activity increased over the first quarter of 2021.

Payton Legal Group
Apr 16, 20211 min read
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Can the CFPB's new forbearance rules prevent a foreclosure crisis?
Can the CFPB's new forbearance rules prevent a foreclosure crisis?

Payton Legal Group
Apr 8, 20213 min read
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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.

Payton Legal Group
Apr 6, 20211 min read
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Why Hawaii and Nevada had the largest delinquency spike in December
Why Hawaii and Nevada had the largest delinquency spike in December

Payton Legal Group
Mar 10, 20211 min read
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Five million Americans missed housing payments in December
Five million Americans missed housing payments in December

Payton Legal Group
Feb 8, 20212 min read
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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.

Payton Legal Group
Feb 5, 20213 min read
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FHFA extends foreclosure, eviction moratoriums for the fifth time
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,

Payton Legal Group
Jan 21, 20211 min read
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Biden to extend moratorium on evictions and foreclosures
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,

Payton Legal Group
Jan 21, 20212 min read
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