Foreclosure filings are rising. Could the trend continue in 2025?

Foreclosure filings are rising. Could the trend continue in 2025?

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom, homebuyers may face more challenges heading into... Read more »
TPG Sells Playa del Rey Multifamily Project to Kajima USA After Foreclosure

TPG Sells Playa del Rey Multifamily Project to Kajima USA After Foreclosure

TPG Real Estate Capital has unloaded a 2.3-acre multifamily development site in Playa del Rey, just a few months after foreclosing on the property. Kajima USA, the U.S. arm of Tokyo-based construction... Read more »
U.S. foreclosure activity ticked up significantly in January: Attom

U.S. foreclosure activity ticked up significantly in January: Attom

In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data. In total, 33,270... Read more »
CFPB settles decade-old foreclosure relief scam enforcement suit

CFPB settles decade-old foreclosure relief scam enforcement suit

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it has reached a settlement with four attorneys and their company, Consumer First Legal Group, over a long-running enforcement case regarding what... Read more »
Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital has launched a foreclosure sale for two historic office buildings in Downtown Los Angeles after Livwrk defaulted on a $17.5 million loan. The El Segundo-based lender has listed for sale... Read more »
Arts District Redevelopment Comes to Market in Foreclosure Sale

Arts District Redevelopment Comes to Market in Foreclosure Sale

Cushman & Wakefield has been retained to market the foreclosure sale of AtTraction, a historic 58,118-square-foot historic, adaptive reuse asset located in two buildings at 800-810 Traction Ave. in Los Angeles’s Arts... Read more »
Foreclosure Auctions Flop, Leaving Lenders With Properties

Foreclosure Auctions Flop, Leaving Lenders With Properties

A 640,000-square-foot office campus in Pasadena hit the auction block last month with an opening bid of $114 million — but not one bidder raised a hand. Not even for less than... Read more »
How hurricane-ravaged Texas and Florida have avoided a housing disaster — so far

How hurricane-ravaged Texas and Florida have avoided a housing disaster — so far

After Hurricane Harvey soaked Houston with 51 inches of rain last August, Amir Befroui, a foreclosure defense specialist at Lone Star Legal Aid, started planning for a very busy spring. That’s when... Read more »
Foreclosure starts rise in October but near-term risk is muted: ICE

Foreclosure starts rise in October but near-term risk is muted: ICE

While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the ICE Mortgage Monitor report. In October,  there were 217,000... Read more »