Posts Tagged ‘foreclosure’
U.S. Foreclosure Starts Reach Pre-Pandemic Levels in August
Based on ATTOM’s August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 14 percent from a month ago and up 118 percent from a year ago. Foreclosure starts reach pre-pandemic levels nationwide Lenders started the foreclosure process…
Read MoreSome Lenders Set to Resume Foreclosures in July
Pandemic-related moratoriums on foreclosures and evictions are set to expire June 30, and some lenders plan to start resuming foreclosures in July. About 2.1 million homeowners are still in mortgage forbearance, according to the Mortgage Bankers Association. As of April, about 1.8 million households who aren’t in forbearance were 90 days delinquent on their loan,…
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