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Large mortgage defaults on the horizon, are you ready for a 100 billion dollar March Madness?

Large mortgage defaults on the horizon, are you ready for a 100 billion dollar March Madness?

by | Sep 24, 2020 | Colorado Hard Money, Georgia hard money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation

FHA has placed a moratorium on foreclosures from mortgage loan defaults and offered any borrower that requests it an extension to not make payments for a year (HUD). This effectively kicks the can down the road and pushed out any impending actions until March of...