Login
Sign Up

Auction.com
Inaugural Neighborhood Stabilization Report Shows Community Impact of Distressed Property Dispositions

Inaugural Neighborhood Stabilization Report Shows Community Impact of Distressed Property Dispositions

| Article | Market & Trends
Analysis of 325,000 distressed dispositions in last five years shows impact on homeownership rates, property values, home affordability and distressed homeowners Profile of the local community developers who are the primary buyers of distressed properties at auction provides insights into why they often produce positive community outcomes A spotlight on ...
Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

| Article | Market & Trends
92% surveyed expect foreclosure volume to increase as roll rates from delinquency rise 85% surveyed expect home prices to decrease, eroding equity for distressed homeowners Respondents estimate seriously delinquent loans have less than 20% equity on average Nearly half of seriously delinquent FHA loans have enough partial claim capacity to ...
90 PERCENT OF MORTGAGE SERVICERS EXPECT FORECLOSURES TO INCREASE IN NEXT YEAR ACCORDING TO AUCTION.COM SURVEY

90 PERCENT OF MORTGAGE SERVICERS EXPECT FORECLOSURES TO INCREASE IN NEXT YEAR ACCORDING TO AUCTION.COM SURVEY

| Article | Investment Strategy, Market & Trends
Servicers expect 23 percent of seriously delinquent mortgages to complete foreclosure. Pandemic backlog and regulatory intervention will have biggest impact on foreclosure volume. Irvine, Calif. — Aug. 3, 2022 — Auction.com, the nation’s leading distressed real estate marketplace, today released its 2022 Seller Insights report, which shows that which shows that ...