Californians report unraveling mortgage relief after the fires
Amid foreclosure and balloon payment chaos, July 7 officially marked the end of the FHA moratorium on foreclosures and evictions
Foreclosure
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‘Right place, right time’: How Libby Sosinski turned rocky start into $26M real estate career
A chance meeting led to a lucrative, multi-decade career in the Pittsburgh and broader western Pennsylvania market.
HUD offers foreclosure relief to Texans saddled by floods
The 90-day moratorium bars foreclosures on FHA-insured mortgages in Kerr County’s federally declared disaster area.
Home equity cushions homeowners against economic shocks
The latest NMDB report from FHFA shows that 82% of homeowners in America have at least 30% of equity in their homes.
Why foreclosures are still below pre-pandemic levels
Foreclosure data showed little stress for many years prior to the onset of COVID-19 and it has continued to perform well since then.
Foreclosures are drying up — and it’s showing in sales data
Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.
U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery
Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels.
CFPB received fewer reverse mortgage complaints in 2024
The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.
Foreclosure activity subsided in 2024. Is it a sign of housing market stability?
Attom’s newest foreclosure report noted that filings were down 10% from 2023 and down 35% from pre-pandemic levels in 2019.
Today’s sellers don’t have to worry about underwater mortgages
Underwater mortgages continue to trend downward. Only 1.8% of homes are underwater today, compared to 23% in 2010.