Auction.com, Irvine, Calif., released its Q2 2024 Auction Market Dispatch, finding that demand for distressed properties sold at auction started to slip in June.
Tag: REO
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Fitch: RMBS Servicers Focus on Struggling Borrowers; Delinquencies Remain Flat
Servicers continued to work with struggling homeowners to avoid loan default as delinquent loans remained flat in late 2022, according to Fitch Ratings’ fourth-quarter U.S. RMBS Servicer Metric Report.
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3rd Quarter Foreclosure Auctions Hit 6-Month High
Auction.com, Irvine, Calif., said completed foreclosure auctions in September increased by24 percent from August to the highest level since the COVID-19 pandemic was declared in March.