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Homeowners Are Growing More Desperate As Foreclosure Notices Start To Arrive

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  1. From the first 3:50 video:

    With state mortgage help lagging, foreclosure notices start arriving
    WCNC
    Dec 16, 2022
    Homeowners banking on mortgage help are growing more desperate as foreclosure notices start to arrive. They expected financial assistance from the NC Homeowner Assistance Fund months ago, but the pandemic program remains slow to deliver.

    The North Carolina Housing Finance Agency hired Innovative Emergency Management to oversee the federally-funded pandemic initiative. As of last week, IEM had received roughly 2,300 complaints and questions, most related to payment and processing time.

    Brianne Bachman of Matthews is one of the thousands of applicants waiting for approval and payment. The 37-year-old is five months behind on her mortgage and her lender has started the foreclosure process.

    “I’m very sad about that,” she said through tears. “I worked very hard to get this home and I really don’t want to lose it.”

    She moved in back in 2016 and lives with her mother, who works part-time. Bachman lost her job as a nanny when the pandemic hit. She said she’s battling a traumatic brain injury from a car crash and has since applied for disability.

    In the meantime, she’s struggling to pick which medications to refill and which bills to pay. “My anxiety is through the roof,” she said. “It’s just so exhausting.”

    As she’s spent months waiting for an answer about her NCHAF application, Bachman said the state has failed to deliver even basic communication.”It was just a brick wall,” Bachman said. “To just be so let down, it just breaks my heart.”

    The second 3:45 video:

    Dallas Texas Real Estate Market Update | December 2022
    North Texas Real Estate with Kyle Osborne
    Dec 17, 2022
    In this video, I break down what’s happening in the Dallas Texas Real Estate market for October including:
    → Current Inventory and Available Homes For Sale
    → The Average Sales Price of Homes for the Last Month
    → How Quickly Are Homes Selling
    → What’s Happening With Mortgage Rates
    → And Much more…

  2. Colorado News
    The Denver Post|6 hours ago
    Migrants continue to arrive in Denver, with 76 arriving overnight Friday, after the city declared a state of emergency while sheltering and supporting migrants.

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