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Zombie Property Levels in Slight Rise

Zombie Property Levels in Slight Rise

by Phil Hall | Aug 24, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM has determined there were roughly 1.3 million U.S. residential properties that are vacant, as of the third quarter of this year. That figure represents 1.3%, or one in 79 homes, across the nation, the same level as in the second quarter. ATTOM also...
Declines Recorded in Foreclosure Activity and Mortgage Delinquencies

Declines Recorded in Foreclosure Activity and Mortgage Delinquencies

by Phil Hall | Aug 10, 2023 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Two new data reports offer mostly positive news for mortgage servicers, as foreclosure activity and delinquency rates recorded respective declines. There was a total of 31,877 properties with foreclosure filings in July, according to new data from ATTOM. This...
Serious Delinquency Rate Crashes to 17-Year Low

Serious Delinquency Rate Crashes to 17-Year Low

by Phil Hall | Jul 21, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of serious delinquencies – defined as loans 90 days or more past due – dropped to 471,000 in June, the lowest since August 2006, according to new data from Black Knight Inc. (NYSE:BKI). June’s level is 177,000 loans lower (-27%) from one year earlier....
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