Foreclosure Activity - Real Estate Investor Pulse

Foreclosure Activity Records Annual Increase

March 13, 2024 Mariel Alumit Comments Off

Last month saw a total of 32,938 residential properties with foreclosure filings, according to new data from ATTOM. This is down 1% from January but up 8% from February 2023. Lenders repossessed 3,397 properties through […]

Foreclosure Activity Up 22% Year-Over-Year

April 20, 2023 Mark Paul Cervantes Comments Off

Nationwide, one in every 1,459 housing units had a foreclosure filing in the first quarter. The post Foreclosure Activity Up 22% Year-Over-Year appeared first on Weekly Real Estate News.

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]