Foreclosure activity doubled in 2022 but remains historically low

While the nation continues moving away from the pandemic-era lows, it’s doing so very slowly and well below rates seen during the Great Recession. Continue reading

US foreclosure activity ticks down in July, sliding 4%, data shows

Figures released Wednesday by Attom show a total of 30,358 properties with foreclosure filings in July. Despite the slight drop, foreclosure activity is still up 143 percent from the same time last year.  Continue reading

After a decade of declines, foreclosure activity is on the rise

Many loans would have been foreclosed if not for federal government protections enacted during the early days of the COVID-19 pandemic, according to a new report from Attom Data Solutions. Continue reading

Foreclosure activity continues to decline in March

Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading

Wells Fargo suspends jumbo mortgages as demand fades

In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Continue reading