The Julia La Roche Show · Saturday, October 24, 2026

Foreclosure Sales Rising as Trump Administration Ends COVID Mortgage Protections

Chris Whalen discussed auction.com data showing that overall foreclosure auction volume is up 25% from a year ago. He explained that this is driven by the Trump administration eliminating special COVID-era treatments for defaulted government mortgages.

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The tape

2 quotes

“The Trump administration eliminated all of the special treatment for defaulted mortgages that was put in place by the Biden administration during COVID.”

Chris Whalen

“And so what's happened now is if you go delinquent on a government mortgage, an FHA or a VA mortgage, you get one chance to re-perform.”

Chris Whalen

Heard on The Julia La Roche Show — “#424 Chris Whalen: Fannie & Freddie Stuck, Foreclosures Rising, Credit Problems Coming”, published Saturday, October 24, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.

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