"Despite the increased level of foreclosure activity in September, we're still far below historically normal numbers," said Rick Sharga, executive vice president at RealtyTrac, an ATTOM company.
Large numbers of borrowers are now exiting forbearance programs. The biggest weekly decline so far came last week. The number of borrowers in bailout programs dropped 11% week to week, according to Black Knight, a mortgage data and analytics firm. The foreclosure numbers should stay relatively low because of aggressive modifications by lenders and also because of high levels of home equity, due to the recent housing boom and consequently high home prices. Prices were up over 18% year over year in August, according to CoreLogic.
Thank you！
Mist of these foreclosures are in the hood
Never watch CNBC again as millionaires are cool with open borders because it doesn't affect them in the slightest. Won't watch your political bs network. Is there real news? Tell John Deere I will work tomorrow. Kellogg too.
It shows no cause of alarm so far
Sirecely? Open borders? Cartels cutting off heads. Can send you a video but guessing you have all of them. You want open borders? I am 48 and was making $26 an hour until covid. Business closed. You want Mexicans to come in and lower the pay rate for born in Americans? F u CNBC
SURGING... but historically low.
good luck
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