Foreclosure

Nevada lawmaker targets home purchases by institutional investors

Citing an issue in which families across Nevada do not have the resources to compete with institutional investors that buy up single-family homes, Rep. Susie Lee (D) has called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to offer transparency when out-of-state landlords purchase foreclosed single-family homes. Lee, who represents part of Las Vegas […]

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Extreme weather and high insurance costs pose foreclosure risk

The rising cost of homeowners’ insurance coupled with the rising regularity of weather-related natural disasters is serving to erode the longstanding barrier between mortgage lenders and loan losses, according to a new report published by First Street. As the frequency of disasters has risen — destabilizing the insurance market, limiting coverage and raising consumers’ costs

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Foreclosures are up 14% in the past year, ATTOM says

Foreclosure activity continued its upward trend in April, with a total of 36,033 properties receiving default notices, scheduled for auction or repossessed, according to the latest data from real estate analytics firm ATTOM. The figure represents a 0.4% increase from March and a 13.9% jump compared to April 2024. “April’s foreclosure activity continued its gradual

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Why foreclosures are still below pre-pandemic levels

According to the most recent credit data from the New York Fed, foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data in general

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Mortgage delinquencies rise slightly in Q1

The delinquency rate for U.S. residential mortgages rose slightly in the first quarter of 2025. This was partially driven by an uptick in conventional loan delinquencies and rising foreclosure inventory, particularly among loans backed by the U.S. Department of Veterans Affairs (VA). The Mortgage Bankers Association (MBA) reported Tuesday that the seasonally adjusted delinquency rate

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