August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.
Read More »FHA Commissioner Works Towards Affordable Housing Amid Extraordinary Conditions
In a new interview, Julia Gordon, the FHA’s newest commissioner, discusses the task of getting people into affordable housing and keeping them there, suggesting changes to FHA-backed auction sales and asking lenders for help to avoid foreclosure in times of trouble.
Read More »Why Do So Few People Buy Affordable Properties at Auction?
The ease at which people could enter forbearance programs during the pandemic has caused a drastic drop in the number of distressed properties that are sold at auction. Now that many of these protections have expired some borrowers whom do ...
Read More »Mortgage Industry Companies Rally to Support Military Veterans
A new auction, hosted by the Veterans Financial Services Advisory Council, benefits veterans and their families. Click here to learn how to participate.
Read More »The Changing Face of Distressed Property Auctions
This story originally appeared in the August edition of DS News. Distressed home sales are square pegs that don’t fit well into the round hole of the retail housing market, a reality that has been highlighted by the recent economic ...
Read More »DS5: How Technology is Aiding Auctions
On this episode of DS5: Inside the Industry, Auction.com SVP Jesse Roth delves into how foreclosure volumes can be impacted by coronavirus. He also discusses how technology can aid in disposition in today’s socially distanced environment.
Read More »REO Sales Moving Online
With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate.
Read More »The Future of Auction Sales
With the economy and housing market in a period of unpredictable change, what lies ahead for the foreclosure auction sector? Editor’s note: This feature originally appeared in the April issue of DS News
Read More »Foreclosure Auctions Indicate Strong Housing Market
Recent data reveals that digital auctions are driving interest from out-of-state remote buyers.
Read More »The Rise of Mom-and-Pop REO Investors
According to new data from Auction.com, smaller investors are increasingly dominating foreclosure auctions.
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