Items Tagged with 'foreclosure activity'

ARTICLES

  • ATTOM: Foreclosure activity falls to 13-year low

    YOY foreclosure filings decline for 6th consecutive month
    Foreclosure activity has reached its lowest point since 2005, falling 8% from the previous year, according to ATTOM Data Solutions. Foreclosure filings – which include default notices, scheduled auctions and bank repossessions – were reported on 624,753 properties in 2018, down 78% from their 2010 peak of 2.9 million.
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  • Here's how mortgage portfolios at the big banks performed in first quarter 2017

    First quarterly increase in foreclosure activity in two years
    Foreclosure activity deviated from its recent trend, posting the first quarterly increase in two years, according to the Office of the Comptroller of the Currency’s latest quarterly report on mortgages. Nonetheless, the report found the overall performance of current mortgages this quarter continued to improve.
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  • ATTOM: Foreclosure activity hits 11-year low

    But foreclosure starts increased in 15 states
    Foreclosure activity is down across the nation, sitting at an 11-year low and in its 17th month of consecutive annual declines. However, some states are defying the national trend and are even trending upward in foreclosure starts. Here’s why.
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  • ATTOM: Foreclosure activity hits 10-year low

    Time to close hits record high
    Foreclosures activity decreased to its lowest point in ten years. However, not every state followed the trend as some even saw an increase in foreclosure activity. The national drop in foreclosure activity was accompanied by a new high in the number of days it takes to foreclose.
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  • RealtyTrac: More homeowners are avoiding foreclosure than ever before

    New report shows that foreclosure starts hit record low in first half of 2016
    A new report from RealtyTrac shows that more homeowners are keeping their homes out of foreclosure than ever before. According to RealtyTrac's report, the number of homes that started the foreclosure process during the first half of 2016 was the lowest for any half-year period since the company began tracking foreclosure starts in 2006.
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  • New York adopts "sweeping" new laws to tackle foreclosure problems

    Will fight rise of zombie homes; new rules imposed on lenders, servicers
    While the U.S. Senate could soon consider new rules governing the maintenance of foreclosed homes and the glut of "zombie homes" that blight many communities throughout the country, the state of New York is taking the matter into its own hands. Late last week, New York Gov. Andrew Cuomo signed "sweeping" legislation to reform the state’s foreclosure process and address the state’s issues with zombie homes.
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  • Black Knight: Foreclosure starts hit 10-year low

    Down nearly 20% from March to April
    There were fewer foreclosure proceedings initiated during the month of April than in any month in the last 10 years, a new report from Black Knight Financial Services shows. Plus the number of loans in active foreclosure fell to a level not seen since 2007. Here are all the details.
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