Tag Archives: Foreclosure Starts

A new report revealed that foreclosure rates are down to pre-crisis levels for the first time since the recession. Here is a look at other major performance metrics and their impact on the housing market.

Foreclosure rates have continued to dwindle in recent months, and May was no exception. Click through to learn what milestone the national foreclosure rate crossed last month, and whether there are any changes on the horizon.

Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...

The GSEs, Fannie Mae and Freddie Mac, completed nearly 20,000 foreclosure prevention actions in February 2018, according to the latest Foreclosure Prevention Report issued by the FHFA. The exact total of foreclosure prevention actions for February 2018 came to 19,932. ...

Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight, Inc. Black Knight cites calendar-related effects and a continued decrease in hurricane-related delinquencies ...

Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, Inc. However, that figure only tells part of the story. ...

According to new data, both overall foreclosure starts and first-time foreclosure starts recently hit record lows, with first-time starts hitting their lowest point on record at just 24,200. Foreclosure pre-sale inventory also dropped steeply for the month, falling 3.47 percent. The states with the highest share of delinquent loans were Mississippi, Louisiana, Alabama, West Virginia, and Maine. Mississippi had the most seriously delinquent loans.

HUD’s latest housing scorecard provides a snapshot of the recovery of our nation’s housing market during August, according to a recent report from the agency.

The foreclosure process began for 36,863 U.S. homes during July 2016, and this number is the lowest level seen for foreclosure starts in 11 years, specifically May of 2005.

Foreclosure starts have always been a volatile metric, having experienced many ups and downs over the last few years. But in April, they fell to levels not seen for a long, long time.