Prepare for these three distressed disposition trends as the housing market downshifts and we enter 2023.
Read More »Delinquency Rate Drops to Record Low
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for March 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight’s data, March usually sees the strongest performance of ...
Read More »Quick Turnarounds for Foreclosure Sales
The majority of foreclosure sales to third-party buyers are owner occupied within a year, according to a new study from Auction.com.
Read More »How Foreclosures Impact the Nation’s Hottest Housing Markets
What separates Reno from Columbus? Foreclosure inventory, according to a study that used foreclosures as a percent of sales as a tie-breaker for comparing the sales and prices of homes in both these cities.
Read More »The Long Road to Recovery for Ohio and Foreclosures
Ohio was at the forefront of the housing crisis that the nation has been working to recover from for the past decade. According to a 2016 report by Policy Matters Ohio, there were 40,479 new foreclosure filings in Ohio in ...
Read More »Foreclosure Alternatives Grow to New Heights in May
Foreclosure alternatives continued to outpace foreclosure sales by nearly four to one and shows the wide range of options available to homeowners in both the short and long term.
Read More »Where Does the Money Go? Maybe We Should Ask the Michigan Legislature. . .
In Michigan, foreclosure is not only a contractual right, but a statutory right as well. Michigan is primarily a foreclosure by advertisement state; however, foreclosure may proceed through the court system as well.
Read More »Kentucky Amends Foreclosure Sale Rules
In an effort to create a more uniform process in judicial foreclosure sales, the Kentucky Administrative Office of the Courts has amended the Rules of Administrative Procedure that govern the role and duties of the master commissioners of the circuit court.
Read More »Continued Economic Growth Vital for Still-Challenged Markets
With foreclosure volumes—and the need for loss mitigation—on a steady decline, the question is whether or not housing markets can sustain their growth.
Read More »Foreclosure Sales Are Way Down—But So Are Solutions
While the number of foreclosure sales is on a rapid pace of decline and is headed toward pre-crisis levels, data released by HOPE NOW on Monday shows that the number of non-foreclosure solutions is falling at almost the same rate.
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