A total of 3,262,036 HELOCs with an estimated total balance of $158 billion that originated during the housing price bubble between 2005 and 2008 are still open and scheduled to reset between 2015 and 2018. Realty Trac the nation’s leading source for comprehensive housing data, today released its first-ever U.S. HELOC Resetting Report, which foundContinueContinue reading “56 Percent of 3.3 Million HELOCs Scheduled to Reset With Higher Payments”
Tag Archives: Get ready to help help.
Are You Facing Foreclosure? Get ready to get more help!
The Consumer Financial Protection Bureau (CFPB) has recently proposed additional set of measures to expand foreclosure protections for mortgage borrowers. Currently the CFPB continues engaging in the outreach task along with consumer advocacy groups, industry representatives, and other stakeholders to develop additional provisions to protect consumers and make it easier for companies to comply withContinueContinue reading “Are You Facing Foreclosure? Get ready to get more help!”
Sandy Flores, Broker CPRES 