Q4 shows continued rise of properties in foreclosure: Report

The number of homes that are in some stage of the foreclosure process rose 27.4 percent compared to the year before, with the number of vacant homes in foreclosure rising for the third straight quarter. Continue reading

Homebuyer education, counseling no panacea for mortgage default

Women and adults under 30 did see improvements to their credit scores in pioneering a randomized study of 5,854 prospective first-time homebuyers. Continue reading

Banks reclaim more properties in August as foreclosures tick upward

Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. Continue reading

Zombie foreclosures post 1st increase since moratorium’s end

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading

After reaching historic lows, the foreclosure pipeline is starting to fill

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 Daren Blomquist, vice president of market economics at Auction.com. Continue reading

Homeowners leaving forbearance now more likely to need help

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. Continue reading

Foreclosures remain low as banks start to churn out post-ban filings

The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading

Mortgage delinquency rates approach pre-pandemic levels

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 Tuesday by CoreLogic. Continue reading

Struggling homeowners may evade foreclosure thanks to surging prices

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. Continue reading

Struggling homeowners may evade foreclosure thanks to surging prices

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. Continue reading