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Completed foreclosures increased by 18% while foreclosure starts stayed flat.
Nearly 50% of mortgaged residential properties in the nation are equity-rich.
Despite the uptick, zombie properties still represent just one of every 13,000 residential properties nationwide.
'If the Federal Reserve’s objective was to slow down the housing market, it succeeded spectacularly,' an ATTOM EVP said.
Foreclosure filings are up over 100% compared to a year ago.
Provides access to the names and NMLS IDs for those originating residential mortgage loans.
