While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.
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Vacant Homes in Foreclosure Record Third Consecutive Quarterly Increase
The number of zombie properties inched upward in Q4, and though they remain a small portion of the market at just one in every 13,000 residential properties nationwide, those numbers are projected to grow in the aftermath of foreclosure moratoria lapsing.
Read More »Julia Gordon Sworn in as FHA Commissioner
Just over a week after conformation by the U.S. Senate, former FHFA exec sworn in by HUD Secretary Marcia L. Fudge to spearhead the FHA’s goals of expand access to safe, affordable, and sustainable housing.
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