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Tag: foreclosure

Unveiling ATTOM’s Propensity to Default Score: Navigating Mortgage Foreclosure Risks

Unveiling ATTOM’s Propensity to Default Score: Navigating Mortgage Foreclosure Risks

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 »
California, New Jersey and Illinois Still Facing Higher Risk of Housing Market Decline

California, New Jersey and Illinois Still Facing Higher Risk of Housing Market Decline

New York City and Chicago Areas More Exposed to Market Downturns; At-Risk Locations Have Weaker Affordability, Foreclosure, Underwater and Job Numbers; Lower Risk Again Mainly Spread Across Southern and Midwestern Regions   IRVINE, Calif. — March 7, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released a Special... Read More »
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U.S. Foreclosure Activity Sees Notable Increase in January 2024

U.S. Foreclosure Activity Sees Notable Increase in January 2024

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 »
Top 10 ZIPS with Highest Foreclosure Rates in 2023

Top 10 ZIPS with Highest Foreclosure Rates in 2023

According to ATTOM’s newly released 2023 Year-End U.S. Foreclosure Market Report, foreclosure filings were reported on 357,062 U.S. properties in 2023. The report noted that figure was up 10 percent from 2022 and 136 percent from 2021, but down 28 percent from 2019 – before the pandemic shook up the market. ATTOM’s latest foreclosure activity... Read More »
Top 10 ZIPS with Highest Foreclosure Rates in April 2023

Top 10 ZIPS with Highest Foreclosure Rates in April 2023

According to ATTOM’s just released April 2023 U.S. Foreclosure Market Report, there were a total of 32,977 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 10 percent from March 2023 but up 8 percent from April 2022. ATTOM’s latest foreclosure activity analysis reported that nationwide... Read More »
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ATTOM Integrates Propensity To Default Analytics Into Its Vast U.S. Property Data Warehouse

ATTOM Integrates Propensity To Default Analytics Into Its Vast U.S. Property Data Warehouse

Discover the probability of a home going into foreclosure; Utilizing various property datasets and AI-powered algorithms to determine propensity to default IRVINE, Calif. – February 7, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today announced it has integrated propensity to default analytics into... Read More »
Top 10 ZIPS with Highest Foreclosure Rates in 2022

Top 10 ZIPS with Highest Foreclosure Rates in 2022

According to ATTOM’s just released Year-End 2022 U.S. Foreclosure Market Report, foreclosure filings were reported on 324,237 U.S. properties in 2022. That figure was up 115 percent from 2021, but down 34 percent from 2019, before the pandemic. The report noted that foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9... Read More »