Servicing Quote of the Week

“It’s tricky to balance at times when the market looks like it could take a downturn. Investors don’t want to buy a property when prices are high and then see them drop before they’re ready to sell.”
–Rob Barber, CEO at ATTOM

ATTOM: Home Flipping Decreases in Q1

ATTOM, Irvine, Calif., released its Q1 Home Flipping Report, showing that 67,394 single-family homes and condos were flipped in the period, accounting for 8.3% of all sales.

Chart of the Week: Target and Projected Fed Funds Rate

Federal Open Market Committee (FOMC) projections from the June 2025 meeting show that members expect increases in both the unemployment rate and inflation throughout the course of this year, as well as slightly weaker economic growth.

Servicing Quote of the Week

“Foreclosure activity in May reflected a mixed picture with fewer starts but a continued rise in completed foreclosures.”
–ATTOM CEO Rob Barber