Foreclosure Starts See Quarterly Increase of 2 Percent; Bank Repossessions Up 7 Percent from Previous Quarter IRVINE, Calif. — April 11, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2024 U.S. Foreclosure Market Report, which shows a total of 95,349 U.S. properties with a foreclosure filing during... Read More »
With February home foreclosure activity up 8% vs. a year ago, understanding a borrower’s willingness and ability to stay current on their mortgage and out of default becomes even more critical for mortgage lenders. While total foreclosures remain low by historic standards – 2023 saw 357,062 total foreclosure filings or 0.26% of all US housing... Read More »
Completed Foreclosures (REOs) Decrease Annually in 28 States; Foreclosure Starts Up Monthly and Annually Nationwide IRVINE, Calif. — March 12, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its February 2024 U.S. Foreclosure Market Report, which shows there were a total of 32,938 U.S. properties with... Read More »
Completed Foreclosures (REOs) Increase Monthly in 19 States; Foreclosure Starts Up Monthly and Annually Nationwide IRVINE, Calif. — February 13, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its January 2024 U.S. Foreclosure Market Report, which shows there were a total of 33,270 U.S. properties with... Read More »
Bergstrom recognized as operational all-star, vital to ATTOM’s success. ATTOM, a leading curator of real estate data nationwide for land and property data, is pleased to announce that Jo Ellen Bergstrom, Vice President of Data Acquisitions, has been named a 2022 HousingWire Insider, selected for her significant impact at ATTOM, earning her... Read More »
As our own Chief Product Officer at ATTOM Todd Teta notes, foreclosure activity is set to increase in 2022. Todd says, “Foreclosure starts are very likely to rise over the next six months to a year — with the increase ranging from a tick to a torrent.” Foreclosure activity refers to properties that have foreclosure filings after property owners... Read More »
As a bank we use foreclosure data to fuel an accurate and thorough ongoing analysis of the market. We partnered with ATTOM to gain access to their authoritative foreclosure reports. In this post, we explore in more detail how we benefit from them and their property data. Why we chose ATTOM’s foreclosure data ATTOM has an excellent reputation for... Read More »