MBA NewsLink recently spoke to SingleSource Property Solutions’ CEO and co-founder Brian Cullen about moving vacant properties to active housing inventory.
Tag: Foreclosures
ICE ‘First Look’ for December: Foreclosure Starts at 18-Month Low
Intercontinental Exchange Inc., Atlanta, released its “first look” at mortgage performance data for December, noting that at 24,000, foreclosure starts marked an 18-month low in new activity. Total active foreclosures are the lowest since March 2022, and 25% below pre-pandemic levels.
ATTOM: 2023 Foreclosure Filings Top 2022, but Remain Below Pre-Pandemic Numbers
ATTOM, Irvine, Calif., released data on year-end 2023 foreclosures, finding that foreclosure filings were up 10% from 2022 and 136% from 2021. However, they were down 28% from pre-pandemic 2019.
ATTOM: November Foreclosures Up Annually, Down From October
ATTOM, Irvine, Calif., recorded 32,120 U.S. properties in its November Foreclosure Market Report. That’s up 5% from November 2022 but down 7% from October.
FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships
The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.
ATTOM: California, New Jersey, Illinois Have Highest Concentrations of At-Risk Markets
California, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, according to ATTOM, Irvine, Calif.
ATTOM: Foreclosure Activity Up in Third Quarter
ATTOM, Irvine, Calif., showed a jump in foreclosures in its Q3 U.S. Foreclosure Market Report. At 124,539 properties with foreclosure filings, they’re up 28% from Q2 and 34% from last year.
FHFA: GSEs Completed 47,370 Foreclosure Prevention Actions During Second Quarter
Fannie Mae and Freddie Mac completed 47,370 foreclosure prevention actions during the second quarter, raising the total number of homeowners helped to 6.8 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.
ATTOM: August Foreclosure Filings Up From July, Down From 2022
ATTOM, Irvine, Calif., reported in its August 2023 U.S. Foreclosure Market Report that there were 33,952 U.S. properties with foreclosure filings. That’s up 7% from July but down 2% year-over-year.
Auction.com: Default Servicers Expect Slight Increase in Foreclosure Volume
More than nine in 10 default servicing industry leaders expect completed foreclosure auction volume to increase this year compared to 2022, reported Auction.com, Irvine, Calif.