Foreclosures

Foreclosure filings up 14%, vacant property blight still low

New “zombie” property numbers from Attom show that to date they haven’t changed much despite a spike in foreclosure filings. Foreclosure filings jumped 14% in April compared to the same month the previous year, but property vacancies remained stable, according to Attom’s second quarter report. ICE Mortgage Technology’s recent report also noted a marked increase […]

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VA foreclosures surge to 5-year high

The expiration of the Department of Veterans Affairs loss-mitigation program drove an overall rise in foreclosures to start 2025, with the jump among VA loans the highest in decades, according to the Mortgage Bankers Association.  The share of mortgages in foreclosure relative to total volume increased to 0.49% in the first quarter, up 4 basis

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