SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (159429)6/22/2020 8:44:23 PM
From: Pogeu Mahone1 Recommendation

Recommended By
Julius Wong

  Respond to of 217573
 
meanwhile

30% Failed to Make Housing Payments in June



Mish

12 hours ago



Fear of evictions are on the rise as missed payments were 30% for two months.A study shows Missed Payments Stabilize In June At Alarming 30% Level.

37 percent of renters and 26 percent of homeowners are concerned that in the next six months they will face an eviction or foreclosure.

This hardship continues to be concentrated among renters, younger and lower-income households, and urban dwellers. Missed payment rates are highest for renters (32 percent), households earning less than $25,000 per year (40 percent), adults under the age of 30 (40 percent), and those living in high-density urban areas (35 percent).

Struggle in May, Struggle in June



Black Knight

Separately Black Knight reports Mortgage Delinquencies Increase Another 20% in May to Hit Highest Level Since 2011.

After April’s 90% increase in the delinquency rate, another 723,000 homeowners became past due on their mortgages in May. That marks a 20% increase in the national delinquency rate, pushing it to its highest level since late 2011.There are now 4.3 million homeowners past due on their mortgages or in active foreclosure – including those in forbearance who have missed scheduled payments as part of their plans – up from 2 million at the end of MarchSerious delinquencies are on the rise as well, increasing by more than 50% over the past two monthsHowever, Black Knight’s McDash Flash Payment Tracker shows a higher share of payments have been made thus far in June than at the same time in May, suggesting the rise in delinquencies may be leveling offForeclosures and Evictions

The initial Cares Act prohibited foreclosures and eviction until May 17.

It was extended until June 30, 2020 under guidelines issued by Fannie Mae, Freddie Mac, FHA, VA and USDA.

On June 17, the FHFA announced that the June 30 moratorium expiration is now extended for Fannie Mae and Freddie Mac mortgages until August 31, 2020.

Rent Rules Vary Widely

In contrast to mortgages, rental evictions vary widely.

Cascading Problems

If you are a small-time landlord in a state where it is hard to evict, you will have a problem paying the mortgage on your property.

How Hard is it To Get Evicted in Your State?

Some states like texas offer no protection. In other states including Massachusetts and Delaware, it is very difficult to evict a non-paying tenant.

For further discussion, please see How Hard is it To Get Evicted in Your State?

Mish








26















To: TobagoJack who wrote (159429)6/24/2020 11:49:43 AM
From: Pogeu Mahone  Read Replies (1) | Respond to of 217573
 
lol

Yes a nation of 8.5 million people let them run the world economic system.

Hitler's good buddies!

The Sinister Face Of 'Neutrality' | FRONTLINE | PBS
www.pbs.org › frontline › shows › nazis › readings › si...

Switzerland served as a repository for Jewish capital smuggled out of Nazi ... In 1995, speaking about Swiss complicity in the Holocaust, Federal President ...

People also ask

Why didn't Germany invade Switzerland during WWII?

What side was Switzerland on in ww2? ( Switzerland financed German munitions in both WW)

Why was Switzerland neutral in WWII? (joke)

Did Switzerland get bombed in ww2?
==============================

Report Confirms Swiss-Nazi Collusion | Jewish Week
jewishweek.timesofisrael.com › report-confirms-swiss-n...

Mar 29, 2002 - Report Confirms Swiss-Nazi Collusion ... years — that Switzerland turned its back on Jews seeking refuge from the Nazis, often violated its strict ...