Home / Daily Dose / DS5: COVID-19’s Impact on Foreclosure Volumes
Print This Post Print This Post

DS5: COVID-19’s Impact on Foreclosure Volumes

The latest installment of DS5: Inside the Industry features a conversation with Daren Blomquist, VP, Market Economics, Auction.com.

Blomquist discussed how foreclosure volumes may be impacted by forbearance plans and if COVID-19 could lead to a rise in abandoned properties. Blomquist said the proactive forbearance in response to the pandemic has given homeowners a chance to "get back on their feet" without being blindsided by foreclosure. 

However, he added that foreclosure volumes are expected to increase due to differed foreclosure activity and new crisis-driven activity that is occurring.

You can watch the full episode at the embed below or at the following link. 

 

About Author: Mike Albanese

Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville.
x

Check Also

Two New Additions Strengthen WFG’s Southwest Growth

Industry veterans Debbie Youens and Gregg Harris join WFG National Title Insurance Company’s south Texas team.

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.