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Status of Foreclosures in US

Updated : September 29th, 2020

The recession has hit the states of US very hard, which in turn has hit the unemployment rate. This has a very bad effect on home loans section. Many loans have been ending up in foreclosure and that is a very sad situation.

Reports claim that Nevada was the forerunner in the foreclosure rate. Almost one in every 69 houses have got a notice there.

Arizona took the second place as it lost 82,000 jobs last year and Florida ranked third in the foreclosure rate. California took the fourth and Utah the fifth positions respectively. The foreclosure fillings have remained at a very high level and show no inclination to drop in the near future.

For those of you who have not claimed your unemployment benefits, you check out Nevada unemployment guide, Arizona unemployment benefits, or California unemployment claims guide on our website.

Of course, people are trying to come out with initiatives to prevent foreclosures. Oakland County Treasurer Andy Meisner has launched the Oakland County Foreclosure Prevention Initiative, a partnership project between the Oakland County Treasurer’s Office, United Way, Lighthouse of Oakland County, Wayne County, and other public and non-profit organizations. The idea behind this is to provide assistance to the homeowners who have been hit by recession and unemployment. The assistance will be in the form of financial counselling, intervention with lenders and help in negotiating possible settlements. The initiative offers one-stop foreclosure and foreclosure prevention resources, do-it-yourself features, user-friendly online intake for convenience and efficiency, and continuous e-mail contact with the program. This program is free and has warned the homeowners against any other forclosure prevention scam.

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  1. I have $219.00 left on my UE and still no work due to covid-19 will i be able to get a extension on my UE and will it cover the last two weeks. I request payment tomorrow.

  2. My bf was laid off in April he got the the 600 to start with now he is only getting the unemployment and no extra when we hear ppl getting 3 checks totaling 40k that might be lies but still that is bullshit.

  3. I Sharon Bland or Sharon Scott or Sharon Ann Mccraw
    Use my phone to claim two of my boyfriends and my own benefits. Is that ok ?

  4. I’m getting pua on employment and it was supposed to be backdated to May 27th when I wasn’t ableable to start my new job and somehow it’s August 24th they said it would be backdated been sending messages and pua people keep saying they have emailed you guys too but nobody gets back to me who do I need to contact about this thank you

  5. I check my checking account balance every week but I cannot tell if I am getting my 300.00 extra unemployment. Also. How can I tell if I got my back time unemployment .

    1. Thelma,

      I did not understand what you meant. Please reach out to the Unemployment Office for precise answers to all your questions.

  6. I have exhausted my UI and all extensions. Not eligible for Fed Ed. Does EDD open a PUA claim for me. Or do I have to aoole for it. Its been past 30 days since receiving my Fed Ed denial letter.

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