Social Media Ideas for Mortgage Arrears

Borrower stops paying, so Fannie Mae sends in a receiver

Three missed payments, unpaid taxes, and radio silence. Fannie Mae isn't waiting around

Canadian Bank Mortgages Near 6-Year Low As Arrears Barely Budge

Canada’s banks just saw the first improvement in missed mortgage payments in nearly a year and a half. Canadian Bankers Association (CBA) data shows the mortgage arrears rate fell...

10 Cities Where Homeowners Are Falling Behind Fastest On Their Mortgage

A missed mortgage payment doesn’t immediately mean foreclosure, but it can be the first indication that a household budget has stopped working. Nationally, mortgage performance...

I was made redundant and can't afford our £2,981 monthly mortgage, what can I do? DAVID HOLLINGWORTH replies

The prospect of facing this mortgage without having an income is terrifying. Do I have any option to pause the payments or cut them down?

CIBC mortgage delinquencies rise, but losses remain low

Mortgage arrears continued to climb in the third quarter, particularly in Toronto and Vancouver, though CIBC says strong borrower equity is keeping actual losses contained.

Canadian Mortgage Arrears Have Skyrocketed 96% As Bank Portfolios Shrink

Households continue to buckle under the weight of their supersized mortgages. That’s the takeaway from the Canadian Bankers Association (CBA) mortgage data for July. The data shows...

Vulture funds now hold three quarters of mortgages in arrears

Homeowners Are Falling Behind on Mortgages in Some Parts of America—Is Your Area One of Them?

Most homeowners aren’t suddenly missing their mortgage payments, but beneath the relatively calm national numbers, financial stress is becoming much easier to spot in certain...

Spectrum Building leaseholders face mortgage payments two years after fire

Leaseholders of flats destroyed in the Spectrum Building fire in Dagenham continue to pay mortgages on properties that no longer exist, two years after the blaze. The bankruptcy of...

Mortgage stress builds in Ontario and B.C. as origination growth slows

Mortgage delinquencies remain low nationally, but borrowers in Canada’s most expensive housing markets are showing greater signs of strain.

Households face mortgage reckoning as borrowers jump from 1% to 5% rates: What you can do to cut bills

Homeowners face a mortgage reckoning as they come to the end of their sub-2 per cent five-year fixed rates over the coming months, new analysis has shown.

10 Counties Where Mortgage Delinquencies Jumped Most—And What It Does to Home Values There

A few missed mortgage payments on one street don’t determine what every house in the neighborhood is worth, but a rising concentration of financially stressed...

Second charge bridge rescues landlords from arrears

Specialist lender Somo has completed a £145,000 second charge bridging loan to help two portfolio landlords clear mortgage arrears and remove a title restriction. The 18-month faci...

More than one in three mortgage holders report financial difficulty

New housing survey data show more homeowners struggling with higher payments, even as recent first-time buyers remain less likely than other owners to be in core housing need.

More than one million homeowners face £283 monthly increase in mortgage payments

1,095,905 homeowners who took out mortgages in 2024 are set to come off two-year fixed deals that had an average interest rate of 4.81%

'I'm still paying a mortgage for a home destroyed by a fire'

Sarah Williams's flat was destroyed in a fire two years ago. Why is she still paying a mortgage on it?

Foreclosure filings keep climbing as bank repossessions surge

The latest ATTOM data points to a shift that brokers should be watching closely this fall

Homeowner (60) given fixed mortgage rate of 0.5pc for 18 years under debt deal

High Court approves PIA after judge rejects bank’s objections

Mortgage misery for homeowners as bond market turmoil to send rates climbing

Borrowers should brace themselves for another wave of painful mortgage rate hikes, experts have warned.

Bank of America wins reverse mortgage foreclosure over false occupancy claims

Years of false certifications backfired when the family tried to block foreclosure

FAPA sinks Nationstar’s bid to foreclose on decade-old Queens mortgage

A 2007 acceleration and a 2022 law made the math impossible

Mortgage payments ease in August, but the relief runs thin

Smaller loan sizes gave homebuyers a little breathing room last month, though borrowers across much of the country are still losing ground

Wells Fargo holds foreclosure as estate runs out of defenses

A missed deadline, a standing fight, and an RPAPL 1304 lesson for servicers

House prices record first annual fall since 2023 as mortgage rates remain high

Andrew Asaam, mortgages director at Lloyds, says that sellers are stubbornly holding out rather than cutting their asking prices, which means fewer homes are changing hands.