Archives For: Industry Updates
Erie County Provides Update on Progress of Zombie Properties Initiative
Erie County officials have provided an update on the Zombie Property Initiative, which aims to address blight at vacant and abandoned buildings.
1 Nov 2024
Zombie Foreclosure Remain Sparce Around U.S. in Fourth Quarter Amid Ongoing Strong Housing Market
ATTOM released the Q4 2024 Vacant Property and Zombie Foreclosure Report, showing only 1.3% of residential properties in the US are vacant.
31 Oct 2024
Fannie and Freddie: Single Family and Multi-Family Serious Delinquency Rates Increased in September
Fannie Mae and Freddie Mac reported that single-family serious delinquency rates increased slightly in September.
30 Oct 2024
Auction.com: Demand for Auction Properties Continues to Fall in Q3
Auction.com released its Auction Market Dispatch for the third quarter, finding that demand for foreclosure and REO auction properties continues to weaken.
28 Oct 2024
Springfield, Land Bank Plan Housing Push
The city of Springfield and the Land Bank will partner to build at least 8 homes where previously blighted homes were demolished.
25 Oct 2024
First Look at September 2024 Mortgage Data
ICE reports the national delinquency rate rose to 3.48% in September 2024, up 4.3% from August and 5.7% year-over-year.
23 Oct 2024
Share of Mortgage Loans in Forbearance Increases to .34% in September
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance has increased to .34% in September.
21 Oct 2024
Top 10 U.S. States with the Greatest Number of Foreclosure Starts in September 2024
ATTOM uncovers the top 10 U.S. states with the greatest number of foreclosure starts in September 2024.
11 Oct 2024
Atlanta City Council Approves $1.4M to Redevelop Foreclosed Properties with Affordable Housing
The Atlanta City Council voted to pay the Metro Atlanta Land Bank $1.4 to prepare foreclosed properties for development with an emphasis on creating affordable housing.
11 Oct 2024
U.S. Foreclosure Activity Decreases in Q3 2024
ATTOM released its Q3 2024 US Foreclosure Market Report, showing Q3 foreclosure filings are down 2% from the previous quarter.
9 Oct 2024