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.

Black Knight: Foreclosures at Record Low—But…

Black Knight, Jacksonville, Fla., reported just 0.24 percent of loans in active foreclosure in December, a record low, but cautioned that mortgage delinquency rates remain more than two times pre-pandemic levels.

MBA Reports Rise in 1st Quarter Mortgage Delinquencies

Mortgage delinquencies rose in the first quarter as the economic effects of the coronavirus pandemic began to take hold, the Mortgage Bankers Association reported this morning.