03-17-2025, 02:33 AM
(03-17-2025, 01:30 AM)Punatang Wrote: This is the part I found concerning with regard to HPP home values because a good number of them are FHA loans...How do you know that? The temporary postponement of payments is just that-only temporary for 180-360 days. Eventually these folks have to pay up or they will be foreclosed on. So if the program is eventually cancelled I don't see why this would be a major factor in a housing crash either nationally or locally.
BTW, I found this interesting tidbit:
- "The five states with the largest quarterly increases in their overall delinquency rate were: Florida (99 basis points), South Carolina (59 basis points), North Carolina (40 basis points), Georgia (39 basis points), and Louisiana (32 basis points)"
- https://www.mba.org/news-and-research/ne...er-of-2024