Foreclosure Starts Decline Nationally Yet Distress Rises in Key Counties
Foreclosure Starts Fall 7.6% Nationally, But These Key Counties Show Rising Distress Despite a national decline in foreclosure starts, certain counties across the United States are experiencing a rise in financial distress, signaling potential trouble spots within the housing market. According to recent data, foreclosure starts fell by 7.6% nationally in the last quarter, pointing […]
Freddie Mac Reports Mixed Fortunes: Reduced Delinquency but Rising Multifamily Distress
Freddie Mac Reports Mixed Fortunes: Reduced Delinquency but Rising Multifamily Distress In the ever-fluctuating landscape of real estate finance, Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, has recently released its latest quarterly report. The report paints a picture of mixed fortunes within the housing finance sector, highlighting both encouraging trends and […]
Freddie Mac's Serious Delinquency Rates Are Down, While Multifamily Distress is the Highest Since 2011
In This Article There’s some good news regarding late mortgage payments. Freddie Mac, the government-affiliated home loan backer, reported that serious delinquencies for single-family homes—individuals three months or more behind on their mortgage payments—decreased in April compared to March. The Slide Into Foreclosures for Single-Family Homes Appears to Have Eased The exact numbers that have […]