In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with…
Tag: Delinquencies
HUD proposes permanent program for sale of seriously delinquent mortgages
The U.S. Department of Housing and Urban Development (HUD) on Wednesday proposed a new rule that…
Foreclosures expected to grow slowly the rest of 2024: Auction.com
A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during…
’Zombie’ properties remain a small slice of the housing market: Attom
Vacant residential homes, also known as “zombie properties,“ continue to represent a small portion of the…
Borrowers continue to be resilient as mortgage delinquencies recede
Mortgage delinquencies improved again in February as prepayment activity increased moderately. The national delinquency rate eased…