Sunday, April 13, 2025

REO

ATTOM: Foreclosure Filings Increased 11 Percent in Q1 

A total of 93,953 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first quarter, an increase...

CoreLogic to Rebrand as Cotality 

Global property data and real estate solutions firm CoreLogic is rebranding to Cotality. The new name reflects the company’s deep commitment to collaboration and connectivity,...

ICE: Mortgage Delinquencies Continued to Edge Up in February

The mortgage delinquency rate edged up to 3.53% in February, an increase of 1.45% compared with January and up 5.69% from February 2024, according...

Share of Mortgages in Forbearance Fell Slightly in February But Was Up Year-Over-Year

The share of mortgage loans in forbearance decreased by 2 basis points month-over-month to 0.38% of servicers’ portfolios as of February 28, according to...

ATTOM: Foreclosure Starts Jumped 8 Percent in February 

Foreclosure starts increased 8% in February compared with January and were up 1% compared with February 2024, according to ATTOM's Foreclosure Market Report. Lenders started...

Mortgage Delinquency Rate Flat in December as Loan Performance Remains Strong 

The U.S. mortgage delinquency rate was flat in December compared with November, at 3.1%, according to CoreLogic. Early-stage delinquencies (30 to 59 days past due) represented...

Foreclosure Starts Surged in January, as Delinquencies Due to Wildfires Ticked Up

There were about 40,000 foreclosure starts in January, a surge of 30% compared with December and an increase of about 17.5% compared with January...

ATTOM: Zombie Foreclosures Remain Few and Far Between in the First Quarter

Zombie foreclosures continue to represent a mere sliver of all residential properties undergoing foreclosure proceedings, according to ATTOM’s first-quarter 2025 Vacant Property and Zombie...

ATTOM: Foreclosure Starts Increased 8 Percent in January

Foreclosure filings — including default notices, scheduled auctions or bank repossessions – increased 8% in January compared the December but were down 7% compared...

Mortgage Delinquency Rate Increased in Q4, With FHA, VA Loans Seeing Largest Increases

The mortgage delinquency rate on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98% as of the end of the fourth quarter,...

California Wildfires Already Impacting Mortgage Performance, But February Payments Will Tell Full Story

The wildfires in Southern California are likely to have some impact on loan performance - but the full brunt will not be known until...

Mortgage Delinquencies Basically Flat in December But Foreclosure Starts Jumped

The national mortgage delinquency rate stood at 3.72% in December, a decrease of 0.60% compared with November but up 4.02% compared with December 2023,...

MBA: Share of Loans in Forbearance Dipped in December

The share of mortgage loans in forbearance stood at 0.47% as of December 31, a decrease of 3 basis points compared with .50% as...

HUD Updates FHA Loss Mitigation Waterfall to Give Mortgage Servicers More Options

The U.S. Department of Housing and Urban Development (HUD) has updated the Federal Housing Administration’s (FHA) loss mitigation waterfall, giving mortgage servicers more options...

ATTOM: Foreclosure Filings Decreased 3 Percent Nationwide in December

A total of 28,632 U.S. residential properties saw foreclosure filings – default notices, scheduled auctions or bank repossessions – in December, a decrease of...

FHFA Report Shows Delinquencies, Foreclosure Starts Edged Up in Q3

Fannie Mae and Freddie Mac completed 43,459 foreclosure prevention actions during the third quarter, according to the Federal Housing Finance Agency’s (FHFA) most recent...

Share of Mortgages in Forbearance Increased Slightly in November

The share of mortgages in forbearance increased three basis points in November compared with October, rising from from 0.47% to 0.50% of all loans,...

U.S. Mortgage Delinquency Rate Continued to Rise in September

The U.S. mortgage delinquency rate increased slightly in September to reach 3.0% of all mortgages - an increase of 0.2% compared with September 2023,...

ATTOM: Foreclosure Activity Fell in November

A total of 29,390 U.S. residential properties saw foreclosure filings - default notices, scheduled auctions or bank repossessions - in November, a decrease of...

Dean Kelker, SVP and Chief Risk Officer of Singlesource Property Solutions, Retiring

Mortgage industry veteran Dean Kelker is retiring from his role as senior vice president and chief risk officer of SingleSource Property Solutions effective Dec....