Foreclosures See Hard Spike as Federal Protections End

Foreclosures See Hard Spike as Federal Protections End

Industry Update
October 20, 2021

Source: RisMedia.com

As expected, the end of federal protections in September has coincided with a significant uptick in foreclosures, as default notices, scheduled auctions or bank repossessions spiked 34% in Q3 of this year according to a new report from ATTOM Data Solutions®, potentially foreshadowing a difficult winter for homeowners still struggling through the pandemic.

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