Foreclosure activity shoots up nearly 40% from end of 2021
Foreclosure activity shoots up nearly 40% from end of 2021
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Servicers are broadly expecting foreclosure activity to accelerate, but they think the increase will be relatively small, according to a new Auction.com survey.The vast majority or 74% anticipate a "slight" uptick in the next 12 months compared to what's been seen so far this year, in line with other indicators showing mortgage default rates are on the rise but still below pre-pandemic levels. Only 15% of servicers are planning for a "substantial" increase in completed foreclosure volume, and 1...
Servicers are broadly expecting foreclosure activity to accelerate, but they think the increase will be relatively small, according to a new Auction.com survey.The vast majority or 74% anticipate a "slight" uptick in the next 12 months compared to what's been seen so far this year, in line with other indicators showing mortgage default rates are on the rise but still below pre-pandemic levels. Only 15% of servicers are planning for a "substantial" increase in completed foreclosure volume, and 1...
But re-entries crept up, while the percentage of borrowers exiting plans without loss mitigation in place increased.
But re-entries crept up, while the percentage of borrowers exiting plans without loss mitigation in place increased.
These past 18 months have challenged contractors across the globe in more ways that anyone could have imagined. Managing pandemic disruptions and getting projects over the finish line has required a well-tempered balance of leadership, creativity, and innovation to solve incredibly challenging problems. If the resilience seen this year has shown construction professionals anything, it’s […]
The post 40 Under 40: Champions of Construction 2021 appeared first on Digital Builder.
These past 18 months have challenged contractors across the globe in more ways that anyone could have imagined. Managing pandemic disruptions and getting projects over the finish line has required a well-tempered balance of leadership, creativity, and innovation to solve incredibly challenging problems. If the resilience seen this year has shown construction professionals anything, it’s […]
The post 40 Under 40: Champions of Construction 2021 appeared first on Digital Builder.
The portfolio of cash-flows from monthly mortgage payments is on the higher end of a wide range of deals seen in the market this year.
The portfolio of cash-flows from monthly mortgage payments is on the higher end of a wide range of deals seen in the market this year.
Pending home sales were down nearly 25% in August. NAR said it expects existing-home sales to fall 15.2% year over year in 2022, to 5.19 million units.
The post Pending home sales down nearly 25% from 2021 in August appeared first on HousingWire.
Pending home sales were down nearly 25% in August. NAR said it expects existing-home sales to fall 15.2% year over year in 2022, to 5.19 million units.
The post Pending home sales down nearly 25% from 2021 in August appeared first on HousingWire.
Submit a Nomination by September 17 The people working in AEC truly are the backbone of our industry. This was made abundantly clear by the events of last year, as well as the first half of 2021. The construction industry has gone through incredible change, and we’ve come out stronger than ever because of the […]
The post Nominations Now Open: 40 Under 40: Construction Champions of 2021 appeared first on Digital Builder.
Submit a Nomination by September 17 The people working in AEC truly are the backbone of our industry. This was made abundantly clear by the events of last year, as well as the first half of 2021. The construction industry has gone through incredible change, and we’ve come out stronger than ever because of the […]
The post Nominations Now Open: 40 Under 40: Construction Champions of 2021 appeared first on Digital Builder.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.