With talk of a recession on the horizon, ATTOM’s latest data breaks down foreclosure rates and related data, as well as how they are being impacted by larger economic factors.
Read More »A Look at First-Lien Mortgage Defaults
Reporting data for August 2022, S&P and Experian found defaults for first-lien mortgages held steady for the second month in a row. Click through to learn the details.
Read More »Q2 First-Lien Mortgage Performance Improves YoY
Despite rising prices and speculation about looming recession, the Office of the Comptroller of the Currency reports that the performance of first-lien mortgages held by the federal banking system improved throughout the course of Q2 2022.
Read More »Concern Over Climate Risk Factoring Heavily Into Home Relocation Plans
A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters.
Read More »New Hurricane Ian Damage Estimates Rise to $41B-$70B Range
CoreLogic’s latest examination of total flood and wind losses increases in the aftermath of Hurricane Ian, as uninsured residential flood loss alone is estimated in the $10-$17 billion territory.
Read More »YoY Bankruptcy Filings Increase for Second Straight Month
According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year.
Read More »Black Knight Launches Suite of Climate Risk Solutions
New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events.
Read More »Commentary: Is Now the Time to Address Fair Access to Disaster Aid?
Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but as federal aid begins to flow to disaster victims, is now the ...
Read More »Flood Risk Becoming More Prominent Industry Concern?
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.
Read More »U.S. Mortgage Delinquencies Continue to Decline
For the 16th consecutive month, mortgage delinquencies slid month-over-month in July, however continued inflationary concerns by homeowners is proving increasingly difficult for them to make their monthly mortgage payment.
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