Post-Moratorium Foreclosure Activity Rises Modestly
Industry Update
November 12, 2021
Source: Mortgage Daily News
Foreclosure filings increased in the fourth month following the July 31 expiration of the pandemic related moratorium. ATTOM says those filings were up 5.0 percent in October compared to September with 20,587 properties the subject of a default notice, scheduled auction, or actual bank repossession. This represents 76 percent growth from the prior October when the moratorium was in effect.
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