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 ...
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Foreclosure filings are down to record lows, but a more sinister-sounding problem may be on the rise—"zombie foreclosures." RealtyTrac released its U.S. Foreclosure Market Report for February, reporting that foreclosure filings (default notices, schedule auctions, and bank repossessions) were 112,498, down 10 percent from January and down 27 percent from the previous year.
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