Foreclosure watch: The 10 most at-risk US cities
Even as home values soar, many out-of-work homeowners are at risk of having their home foreclosed on due to missed payments
Long Island man continues 20-year stint in house on just 1 mortgage payment
Guramrit Hanspal, who hasn't made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July
Fears of pandemic-induced foreclosure wave ease
Of the 7.1 million homeowners who were granted forbearance during the pandemic, two-thirds have already left
by Matt Carter May 3
Mortgage forbearances continue slow decline
The latest Mortgage Bankers Association survey shows forbearances dropped for eighth consecutive week
by Kelsey Ramírez Apr 26
New forbearance requests drop to lowest level since March 2020
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05% to 0.04%, according to the latest data from the Mortgage Bankers Association
by Kelsey Ramírez Apr 6
CFPB to mortgage servicers: Get prepared, or else
CFPB continues watch of servicing industry as consumers exit forbearance
by Kelsey Ramírez Apr 5
Share of homeowners who can't pay their mortgage hits new low
The number of mortgages in forbearance dropped below 5% first time since the start of the pandemic
by Matt Carter Mar 29
What's changed? 5 factors COVID-19 caused us to reconsider
Opinion
There's no doubt that a home is still a smart investment. However, this past year presented us with many other crucial points to consider. Here are a few short- and long-term results 2020's events might bring
by Kuba Jewgieniew Jan 28
You can help! How to support homeowners in forbearance
Opinion
There’s so much you can do to assist distressed homeowners avoid foreclosure. Not only will you have their lasting gratitude, chances are, they will also refer others to you in the future
by Bernice Ross Jan 20
Amid pandemic, 2020 was a year of record-low foreclosures
In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005
by Lillian Dickerson Jan 14
Serious delinquencies rising fast: CoreLogic
In October, 6.1% of mortgages in the United States were in some form of delinquency
How agents can help clients avoid foreclosure
Though for some the current landscape might feel reminiscent of the 2008 housing crisis, there's a lot that's different today. Here's how you can best serve your clients during this time
'A super hot market': Economists weigh in on what to expect in 2021
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
Foreclosure filings decline as moratorium is extended through January
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
Beyond the headlines: What's in store for 2021?
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner gives his 2021 forecast
by Matthew Gardner Dec 8
US foreclosure filings increase 20% in October despite moratoriums
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
by Lillian Dickerson Nov 10
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
Northeast markets continue to be most at-risk due to pandemic
Parts of New York City, Baltimore, Philadelphia and Washington, D.C., were most vulnerable to economic impacts of the pandemic during the third quarter
These 5 marketing campaigns are tailored for today's market
With the last quarter approaching, agents should strive to finish 2020 strong and step into the next year on the right foot. In other words, now's a great time to implement these marketing campaigns and generate new income streams for your business
by Bernice Ross Sep 30
US bank repossessions reach new low while foreclosure rates tick up
US bank repossessions dropped by 6% in August to a total of 2,035 properties foreclosed on by lenders, while foreclosure filings rose by 11%
by Lillian Dickerson Sep 10
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
Kamala Harris' record on real estate is mixed
The Democratic vice presidential candidate believes 'housing is a human right' and has proposed legislation for mortgage and rent relief amid the pandemic
by Andrea V. Brambila Aug 12
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10