Spiking local foreclosures signal new credit risks

Foreclosure filings surged by more than 20% through the first half of 2026, with numbers reflecting a return to historical patterns rather than heightened risk, according to a new report from Attom.  Processing Content Filings in the form of default notices, scheduled auctions or bank repossessions appeared on the records of 227,548 residential units between

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Banking regulators missed a major loophole in proposed capital rules

Key insight: As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule’s benefit to banks. What’s at stake: The new capital standards create incentives to move second liens off bank balance sheets

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