On July 12, 2018, Attom Data solutions reported that nationwide there were 362,275 properties in foreclosure filings of default notices, auction, and REOs in the 1st half of 2018, lower 15.0% from the 1st half of 2017. While, one in every 370 homes had a foreclosure filing in the 1st half of 2018. There were 133,290 properties repossed by lenders (REO) in the 1st half of 2018, dropped 21.0% frm in the 1st half of 2017.
Daren Blomquist, senior vice president with ATTOM Data Solutions, stated “The foreclosure rate on FHA loans originated in 2014 and 2015 has now jumped above the average FHA foreclosure rate for all loan vintages — the only two post-recession vintages with foreclosure rates above that overall average.”
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