Why The Coming Foreclosure Crisis Is Nothing Like The Last One & Market Update

Dated: December 1 2021

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The coronavirus recession is all but certain to cause a spike in foreclosures. A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. The federal government predicts several billion dollars in loan losses at Fannie Mae and Freddie Mac, the mortgage giants that hold two-thirds of American mortgages.

At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.

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Topics You will Need To Research For Additional Advice: CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, and electrical advice. I only provide expert advice for Financing and Real Estate.
“All INFORMATION IS RELIABLE BUT NOT GUARANTEED. ALL PRICING IS SUBJECT TO CHANGE.”
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Dan French

A Southern CA transplant, Dan has over 11 years in home financing with a multi-faceted background in lending and Real Estate. I have The main objective of providing the highest level of customer servi....

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