Reverse-Mortgage Fails Not a Factor in Florida’s Stubbornly High Foreclosure Rate

The sustained pattern indicates more than 330 Floridians with reverse-mortgages lose their homes in foreclosure a year – significant if you are a reverse mortgage holder, but not a big enough number to affect the state’s overall foreclosure rate.

Reverse-mortgage fails not a factor in Florida’s stubbornly high foreclosure rate foreclosures are down nationwide since last spring but not in Florida, where foreclosure filings increased by 23.

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How To Pay For A Foreclosed Home Reverse-Mortgage Fails Not a Factor in Florida’s Stubbornly High Foreclosure Rate Foreclosures are down nationwide since last spring but not in Florida, where foreclosure filings increased by 23 percent this May compared to May 2018, according to ATTOM Data Solutions’ May 2019 U.S. Foreclosure Market Report (FMR).

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Reverse-Mortgage Fails Not a Factor in Florida’s Stubbornly High Foreclosure Rate Foreclosures are down nationwide since last spring but not in Florida, where foreclosure filings increased by 23 percent this May compared to May 2018, according to ATTOM Data Solutions’ May 2019 U.S. foreclosure market report (fmr).

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