Title agencies in Florida are racing to establish affiliate real estate companies, anticipating a wave of short sales in coming quarters stemming from accelerating Federal Housing Administration (FHA) delinquencies and foreclosures.
It's part of a trend that experts tell Scotsman Guide stems from the termination of pandemic-era loss mitigation programs in 2025, which effectively made it impossible to foreclose on government-insured borrowers. That regulatory shift is spurring opportunists into action — and leaving distressed borrowers with limited options.
For the rest of the mortgage industry, the changes at the FHA and the resulting spike in FHA serious delinquencies has revealed an increasingly fragile housing market “built on extreme le...