While the numbers remain below historical levels, “it’s not going to be a surprise when we see the foreclosure numbers starting to rise,” according to…
Posts published in “foreclosure”
Lenders are managing risk by focusing on borrowers with prime credit scores who are keeping a bigger equity stake in their homes, according to Black…
The number of homes with foreclosure filings rose 29 percent in January as lenders took advantage of expiring federal restrictions, according to new data from…
New foreclosure filings dropped 12 percent in December as a once-feared wave of mortgage defaults has largely failed to materialize, according to a new report…
More than 500,000 borrowers are in loss mitigation after pandemic relief from monthly mortgage payments expires, according to Black Knight’s latest Mortgage Monitor Report. Source:…
The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Source: Inman News
Total delinquency rates dropped 4.2 percent in July, 2.3 percentage points lower than the 6.5 percent observed in July 2020, according to new data released…
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. …
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic. Source: Inman News
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago. Source: Inman News