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Zombie Foreclosure Rate Sinks in Q3

Zombie Foreclosure Rate Sinks in Q3

by Phil Hall | Aug 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Approximately 1.4 million residential properties were vacant during the third quarter, according to new data from ATTOM. That figure represents 1.3%, or one in 76 homes, across the nation – roughly the same as in the second quarter of this year. ATTOM also reported...
Foreclosure Activity Up During July

Foreclosure Activity Up During July

by Phil Hall | Aug 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 31,929 U.S. properties had foreclosure filings during July, according to new data from ATTOM. This represents a 15% increase from June and up by a scant 0.2% from July 2023. Nationwide, one in every 4,414 housing units had a foreclosure filing last month....
Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors

Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors

by Phil Hall | Aug 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Minnesota Attorney General Keith Ellison announced a $240,000 settlement with Dwell Equities LLC related to compliance errors in the company’s foreclosure rescue services. According to a statement from Ellison’s office, the Rochester, Minnesota-based Dwell approached...
West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel

West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel

by Phil Hall | Aug 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greenbrier Hotel, the historic West Virginia lodging establishment, is at the center of a controversy that encompasses the upcoming election and JPMorgan (NYSE:JPM) chief Jamie Dimon. WCHS-TV reports the Greenbrier is owned by West Virginia Gov. Jim Justice and...
Foreclosure Activity Down During First Half of the Year

Foreclosure Activity Down During First Half of the Year

by Phil Hall | Jul 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 177,431 properties carried foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first six months of this year, according to new data from ATTOM. This represents a 4.4% decline from the same time period one year ago,...
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