As summer turned to autumn, the Federal Reserve continued its practice of raising interest rates to stop and reverse the inflationary pressures on the U.S. economy that has become one of the foremost domestic issues of 2022....more
Tag: Risk
While majority of the neighborhoods across the nation have largely recovered from foreclosure crisis, the rising cost of living and owning a home continues to be a growing challenge. The Housing Affordability Index (HAI) measures whether a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional...more
Non-profits, while perhaps most suited to work with borrowers of seriously delinquent mortgages, face many challenges to independently purchase and resolve distressed mortgages. However, with strategic and financial partnerships, non-profits can overcome hurdles to participation in note sales. A popular and effective means of resolving large numbers of defaulted single family home loans has...more