ATTOM has released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, foreclosures, underwater...
Read More »Search Results for: foreclosures
Persistent Lack of Inventory Limiting Market Potential
...of homes in October, down from 18% in September and 16% one year ago. Distressed sales—foreclosures and short sales—represented 2% of sales in October, virtually unchanged from last month and...
Read More »VA Issues Measure to Protect Vets From Foreclosure
The U.S. Department of Veterans Affairs has called on mortgage servicers to pause foreclosures until May 31, 2024. The pause will provide VA borrowers with an opportunity to access the...
Read More »Foreclosure Filings: A ‘Concerning Picture’ of Future Trends?
According to ATTOM Data’s 2023 U.S. Foreclosure Market Report, foreclosure starts decrease month-over-month, but completed foreclosures remain relatively steady, dropping only 1%. By the numbers, there were a total of...
Read More »Zombie Foreclosures Are Still Very Much a Thing
Just in time for the Halloween holiday, ATTOM Data, released its fourth-quarter 2023 Vacant Property and Zombie Foreclosure Report which showed that zombie foreclosures are very much still a thing...
Read More »U.S. Foreclosure Filings Up 28% in Q3
...53%) Louisiana (up 47%) Pennsylvania (up 24%) Alabama (up 18%) Nevada (up 16%) "Foreclosures are on the rise again this quarter, as indicated by our latest foreclosure numbers," said Rob...
Read More »GSEs Sell Off $30B of Non-Performing Loans
...June 30, 2022, and reported as of December 31, 2022. Compared to a benchmark of similarly delinquent Enterprise NPLs that were not sold, foreclosures avoided for sold NPLs were higher...
Read More »Overcoming Communication Hurdles in the Default Servicing Space
...working in the real estate and consumer finance fields. He served in roles prosecuting and defending foreclosures, representing debtors in bankruptcy, managing residential and commercial real estate closings, writing title...
Read More »GSEs Complete Nearly 50K Foreclosure Prevention Actions in Q2
...Q1 of 2023 to 0.72% at the end of Q2 of 2023. Foreclosures: There were 3,783 completed third-party and foreclosure sales in Q2, up 2% compared with Q1 of 2023....
Read More »What Percent of Mortgages Are Delinquent?
...home equity, those who have locked in low mortgage rates that do enter later stages of delinquency will most likely not experience foreclosures.” “And while home equity gains have slowed...
Read More »