We are here to help those who are interested in our services, with having a better understanding of the services that we provide and assisting them in validating and documenting that there property has been officially paid off in the deed of trust satisfied per the terms of the agreement.
We however are not here to educate people and/or to help them in their studies, we are a service provider, and we provide a valuable service for those who recognize that because of a law enacted by Congress, they are protected against false claims by lenders that their property has not been fully satisfied as a result of the positing of an application and a promissory note to a local Federal Reserve agent as prescribed at 59 STAT. 237 §2.
The biggest takeaway from this information is that the total number of delinquencies has been cut in half since the start of the pandemic less than two years ago and we're almost back to pre-pandemic levels (yellow line). Serious delinquencies (those that have been delinquent for more than 90 days) declined 9% in January, but remain at double the pre-pandemic level.
Currently, there are 859K seriously delinquent mortgages, nearly half a million more than there were prior to the pandemic. It is this group specifically that contains the bulk of the potential homes that could reach the market this year in foreclosure sales." Link