Homeowners associations filed the equivalent of one lien every 90 seconds in 2025 against residents, with rising numbers hinting at growing consumer financial stress, which was particularly high in some regions of the country. Processing Content In total, HOAs issued 284,933 liens in 2025, an 8.6% jump from the 262,446 delivered a year earlier, according […]
HOA liens have surged amid rising owner costs Read More »
Foreclosures inched up in the first quarter and surged ahead of last year’s levels in a manner that points to a change in dynamics, Attom reported Thursday. Processing Content The 118,727 properties with filings represented a 6% on a consecutive-quarter increase and a level 26% higher than a year earlier, the data and analytics firm
Foreclosures ‘could signal shifting housing market dynamics’ Read More »
With mortgage rates sitting well above 6% for much of the last three years, nearly half of younger homeowners have struggled to make mortgage payments, an industry report finds. Processing Content Half of Gen Z homeowners and 44% of millennial homeowners were at risk of missing at least one mortgage payment over the last two
Gen Z, millennial homeowners struggle with mortgage payments Read More »
Mortgage servicers can breathe easier: this year’s Atlantic hurricane season is forecast to be below normal. Processing Content Still, even if one storm makes landfall in the U.S., property damages could be significant. For mortgage servicers, the effects of natural disasters, not just property damage and replacement but also the impact of temporary (and
El Niño means less active Atlantic hurricane season in 2026 Read More »
Senator Elizabeth Warren, a Democrat from Massachusetts, asked the Trump administration for details on its work investigating and regulating collections of “zombie” second mortgages, old loans that homeowners hadn’t heard from lenders about in years before being hit with huge bills. Processing Content In a letter sent Tuesday to acting Consumer Financial Protection Bureau Director
Warren seeks info from Trump administration on ‘zombie’ loans Read More »
Prepayment speeds increased last month on the back of falling interest rates, but seriously delinquent loan volumes also rose the highest amount since June 2022, and the most since June 2018 when excluding the immediate effect of COVID-19. Processing Content The national delinquency rate ticked up seven basis points to 3.72% last month, as the
Seriously delinquent loans hit highest level since 2022 Read More »
Foreclosure activity continues to trend up nationwide, although it’s slowed to start the year. Processing Content The 38,840 properties across the country last month with either default notices, scheduled auctions or bank repossessions was down 4% from January, according to property analytics firm Attom. Those foreclosures, which represent 1 in every 3,701 housing units, are
Some Florida distress grows as broader foreclosures waver Read More »
The national delinquency rate cooled last month, while foreclosure activity hit its highest level since early 2020, a new industry report shows. Processing Content Delinquencies fell by three basis points to 3.65% in January, 15 basis points below prepandemic levels, but foreclosure starts caught up with its 2020 numbers last month, totaling 42,000, according to
Foreclosure starts surge to early 2020 levels Read More »
Consumer debt accelerated in December, driven by substantial growth in first mortgage and home equity lines of credit balances, a new industry report showed. Processing Content Total consumer debt in the United States reached $18.2 trillion by the end of last year, with $12.8 trillion attributed to first mortgages, according to Equifax’s fourth quarter consumer
Consumer debt accelerates in December, fueled by mortgages Read More »
Helped by a strong fourth quarter, the six active private mortgage insurers wrote 12% more business in 2025 over the prior year. Between the third and fourth quarter, new insurance written grew by 4%, according to a report from Bose George of Keefe Bruyette & Woods. Typically, the last three months of the year are
MI volumes jump 12%, competitive pressure builds Read More »