Foreclosure filings–default notices, scheduled auctions or bank repossessions–increased 7% in May from April and 14% from a year ago, reported ATTOM, Irvine, Calif.
Tag: ATTOM
U.S. Foreclosure Activity Spikes in May
Foreclosure filings–default notices, scheduled auctions or bank repossessions–increased 7% in May from April and 14% from a year ago, reported ATTOM, Irvine, Calif.
ATTOM: Zombie Foreclosures Increase
Vacant residential properties increased 1.3% in the second quarter to 1.28 million houses, reported ATTOM, Irvine, Calif.
Home Equity Falters as Housing Market Remains Stalled
ATTOM, Irvine, Calif., released its first-quarter U.S. Home Equity & Underwater Report, showing 47.2 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter, down slightly from 48 percent in the fourth quarter.
Industry Briefs May 4, 2023: Peak Residential Lending Partners with LenderLogix
LenderLogix, Buffalo, N.Y., announced Peak Residential Lending implemented its application suite – LiteSpeed, QuickQual and Fee Chaser – into its existing tech stack to power a digital borrower experience.
ATTOM: 2022 Single-Family Property Taxes Up 4%
Property taxes on single-family homes grew 3.6% last year, more than double 2021’s 1.6% growth rate, reported ATTOM, Irvine, Calif.
Industry Briefs Mar. 24, 2023: Black Knight Says Prepayments Rebound from Record Low
Black Knight, Jacksonville, Fla., said the national mortgage delinquency rate increased by 7 basis points in February to 3.45%, but fell by 12.6% year over year. Meanwhile, prepayment activity inched up to 0.35%, breaking a four-month streak of record lows.
CoreLogic: Single-Family Rent Growth Slows to Nearly Two-Year Low
CoreLogic, Irvine, Calif., reported U.S. annual single-family rent growth continued to slow year-over-year in January, declining for the ninth straight month to 5.7%.
Housing Market Roundup Mar. 14, 2023
Here is a summary of recent housing reports that have come across the MBA NewsLink desk:
ATTOM: 4Q Mortgage Lending Slumps to 9-Year Low
ATTOM, Irvine, Calif., said just 1.52 million mortgages secured by residential property originated in the fourth quarter in the United States, down 24 percent from the third quarter, marking the seventh quarterly decrease in a row, and down 55 percent from a year ago, to the lowest level since 2014.