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Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

by | Feb 16, 2021 | Coronavirus 2020 real estate impact, coronavirus 2021 real estate impacts, General real estate financing information, Government Bailout, hard money, Hard Money Lending, Housing Price Trends / Information

10 million Americans are behind on their mortgage payments, with the majority of these late payments occurring in FHA loans.  At the same time Millions are out of work, yet house prices are increasing in most markets.  What was in the new forbearance agreement?  How...
New gov’t data predicts defaults, Where will the defaults concentrate in one major city?

New gov’t data predicts defaults, Where will the defaults concentrate in one major city?

by | Sep 1, 2020 | Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, General real estate financing information, Housing Price Trends / Information

  I wanted to highlight Atlanta, Georgia as it is one of the top ten metro areas in the country, we have an office there, and we are intimately familiar with the real estate market.  Furthermore, it is a typical large city and a good indicator for the country as...