Foreclosure | Jotup

November 2021 U.S. Foreclosure Activity Declines Slightly From Last Month But Still On The Rise From A Year Ago

Retrieved on:

Thursday, December 9, 2021

"Despite concerns about a pandemic-driven wave of defaults, mortgage delinquency rates and foreclosure starts have continued to decline due to government and industry programs, and a recovering U.S.

Key Points:

"Despite concerns about a pandemic-driven wave of defaults, mortgage delinquency rates and foreclosure starts have continued to decline due to government and industry programs, and a recovering U.S.
Nationwide one in every 7,055 housing units had a foreclosure filing in November 2021.
Lenders started the foreclosure process on 10,471 U.S. properties in November 2021, down 3 percent from last month but up 99 percent from a year ago.
ATTOM provides foreclosure data licenses that can power various enterprise industries including real estate, insurance, marketing, government, mortgage and more.

October 2021 U.S. Foreclosure Activity Continues To Increase Nationwide

Retrieved on:

Wednesday, November 10, 2021

IRVINE, Calif., Nov. 10, 2021 /PRNewswire/ -- ATTOM, licensor of the nation's most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, released its October 2021 U.S. Foreclosure Market Report, which shows there were a total of 20,587 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 5 percent from last month and 76 percent from a year ago, marking the sixth consecutive annual increase.

Key Points:

"As expected, now that the moratorium has been over for three months, foreclosure activity continues to increase," said Rick Sharga, executive vice presidentat RealtyTrac, an ATTOM company.
Nationwide one in every 6,675 housing units had a foreclosure filing in October 2021.
"Most foreclosure activity for the next few months is likely to be foreclosure starts," Sharga noted, "since virtually nothing entered the foreclosure process during the past year.
Those major metropolitan areas with a population greater than one million and that had the greatest number of foreclosure starts in October 2021 included: New York, NY (667 foreclosure starts); Miami, FL (622 foreclosure starts); Los Angeles, CA (430 foreclosure starts); Houston, TX (349 foreclosure starts); and Atlanta, GA (345 foreclosure starts).

August 2021 U.S. Foreclosure Activity Rises Following The End Of The Foreclosure Moratorium

Retrieved on:

Thursday, September 9, 2021

But it's likely that foreclosures will remain below normal levels at least through the end of the year."

Key Points:

But it's likely that foreclosures will remain below normal levels at least through the end of the year."
Nationwide one in every 8,677 housing units had a foreclosure filing in August 2021.
But in August of 2019, the last year we had 'normal' foreclosure activity, there were almost 28,000 foreclosure starts over three times more than this year."
Those major metropolitan areas with a population greater than 1 million with the greatest number of foreclosure starts in August 2021 included New York, NY (486 foreclosure starts); Chicago, IL (439 foreclosure starts); Los Angeles, CA (401 foreclosure starts); Houston, TX (322 foreclosure starts); and Dallas-Fort Worth, TX (248 foreclosure starts).

HBR Colorado Launches New Program to Buy Houses in Colorado Springs

Retrieved on:

Monday, September 6, 2021

Articles, Economy, Business, United States housing bubble, Real property law, Property law, Foreclosure, Mortgage, Urban decay, Sales, I (Almost) Got Away with It, Lien

COLORADO SPRINGS, Colo., Sept. 06, 2021 (GLOBE NEWSWIRE) -- Local "we buy houses" company HBR Colorado has recently announced a new campaign to purchase morehouses as-is with cash in and around the city of Colorado Springs.The owner of the company, Brian Rudderow, was quoted saying "we buy houses in any condition in Colorado Springs and we even allow the sellers to remain in the property for up to 30 days in certain situations to add an extra layer of convenience."

Key Points:

COLORADO SPRINGS, Colo., Sept. 06, 2021 (GLOBE NEWSWIRE) -- Local "we buy houses" company HBR Colorado has recently announced a new campaign to purchase morehouses as-is with cash in and around the city of Colorado Springs.The owner of the company, Brian Rudderow, was quoted saying "we buy houses in any condition in Colorado Springs and we even allow the sellers to remain in the property for up to 30 days in certain situations to add an extra layer of convenience."
One major reason that homeowners choose to sell their houses fast to investors is that they don't have to clean up the home, remove junk, and make expensive repairs to the property before selling it.An investor will pay cash for houses in their current condition and they normally will cover all closing costs as well so this makes it extremely attractive for homeowners that are facing difficult situations and would simply like to get rid of their home as fast as possible.
Some of the most common situations where cash buyers can be of use are foreclosure, divorce, tax liens, mold damage, fire damage, tax liens, inheritance, extensive repairs, bad tenants, squatters, job relocation, and more.Sellers that are facing these situations need someone that is honest and reliable and will treat them fairly to assist them with getting the cash that they need to move on with their life and solve this current financial burden that is facing them.
3094 1/2 W Colorado Ave.

July 2021 U.S. Foreclosure Activity Declines Slightly As Government Moratorium Comes To An End

Retrieved on:

Tuesday, August 10, 2021

"Much of the foreclosure volume will come from the reinstatement of foreclosure proceedings on properties that had already been in default prior to the pandemic, and new foreclosure activity on vacant and abandoned properties."

Key Points:

"Much of the foreclosure volume will come from the reinstatement of foreclosure proceedings on properties that had already been in default prior to the pandemic, and new foreclosure activity on vacant and abandoned properties."
Nationwide one in every 11,009 housing units had a foreclosure filing in July 2021.
Lenders started the foreclosure process on 6,572 U.S. properties in July 2021, down 4 percent from last month but up 45 percent from a year ago.
ATTOM provides foreclosure data licenses that can power various enterprise industries including real estate, insurance, marketing, government, mortgage and more.

Mortgage Loan Advocate today announced their Free 38-page E-Book - The Advocates Free Home Loan Guide

Retrieved on:

Tuesday, August 3, 2021

Mortgage, Money, Finance, Real property law, Economy, Loans, Personal finance, United States housing bubble, Foreclosure, Mortgage loan, Escrow

DUBOIS, Pa., Aug. 3, 2021 /PRNewswire-PRWeb/ -- "Best Home Loan Guide To Be Released Online In A Long Time," says the CEO at Mortgage Loan Advocate.

Key Points:

DUBOIS, Pa., Aug. 3, 2021 /PRNewswire-PRWeb/ -- "Best Home Loan Guide To Be Released Online In A Long Time," says the CEO at Mortgage Loan Advocate.
The Advocates Free Home Loan Guide will indeed help guide you through the mess.
Features and benefits of The Advocates Free Home Loan Guide include:
Be prepared for the Mortgage process and the Escrow Process when buying a home.
Mortgage Loan Advocate.com is an online company dedicated to providing quality content on Mortgages, Loan Modifications, Foreclosures, and ideas on resolving loan problems.

Online Auctions from Tiger Group and Tranzon Asset Advisors Offer Foreclosed Equipment & Real Estate of Major CBD Processor in Kentucky

Retrieved on:

Monday, July 26, 2021

Marketing, Biofuels, Hemp, Herbs, Bidding, Auction, Foreclosure

CADIZ, Ky., July 26, 2021 /PRNewswire/ -- In separate timed, online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors are respectively offering foreclosed equipment and real estate from a major CBD processor's 86,500-square-foot hemp processing facility in Cadiz, which is part of the Clarksville, Tenn. metropolitan area.

Key Points:

CADIZ, Ky., July 26, 2021 /PRNewswire/ -- In separate timed, online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors are respectively offering foreclosed equipment and real estate from a major CBD processor's 86,500-square-foot hemp processing facility in Cadiz, which is part of the Clarksville, Tenn. metropolitan area.
"Tiger has yet again been presented with a significant opportunity to sell vital CBD processing equipment and partner with Tranzon Fox to market a formidable piece of real estate in Kentucky," said Jonathan Holiday , Director of Business Development, Tiger Commercial & Industrial.
"With the CBD market showing renewed growth, existing and new companies in this industry can find a strong selection of top-shelf equipment to build their businesses."
Those interested in the real estate can begin bidding at 9:00 a.m. (ET) on August 6th.

Existing-Home Sales Expand 1.4% in June

Retrieved on:

Thursday, July 22, 2021

United States housing bubble, Mixed liquor suspended solids, Sewerage, Seasonally adjusted annual rate, Foreclosure, Articles, Economy, Time

Existing-home sales rose 1.4% on a seasonally adjusted annual rate from May to June, with no region showing a sales decline.

Key Points:

Existing-home sales rose 1.4% on a seasonally adjusted annual rate from May to June, with no region showing a sales decline.
Distressed sales5 foreclosures and short sales represented less than 1% of sales in June, equal to Mays percentage but down from 3% in June 2020.
NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.

Black Knight: 1.55 Million Serious Delinquencies Remain; At Current Rate of Reduction, 1 Million Still Likely As September's Wave of Forbearance Expirations Begins

Retrieved on:

Thursday, July 22, 2021

Mortgage, Money, Finance, United States housing bubble, Foreclosure, Real property law, Urban decay, Mortgage loan, Black Knight, Economy

1)Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.

Key Points:

1)Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.
2)All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.
For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom .
For more information about gaining access to Black Knight's loan-level database, please send an email to [email protected] .

Illinois, Florida And New Jersey Dominate Markets Most At Risk From Damage Related To Coronavirus Pandemic

Retrieved on:

Thursday, July 22, 2021

Regions of the United States, Geography of the United States, United States, Southern United States, States of the United States, United States housing bubble, Mid-Atlantic states, Foreclosure, Mortgage, DELAWARE, Florida, Chicago

They included seven counties in the Chicago metropolitan area, four near New York City, all three in Delaware and four in central Florida.

Key Points:

They included seven counties in the Chicago metropolitan area, four near New York City, all three in Delaware and four in central Florida.
The top 50 were scattered across 18 states in the second quarter, compared to 15 the prior time period.
The conclusions are drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM.
Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the three ranks.