Overview
- The midyear ATTOM report released July 16 found roughly 227,548 foreclosure filings in January–June 2026, a 21% increase from the same period in 2025.
- Servicers started proceedings on about 164,566 properties in H1 2026, up roughly 18% year over year while completed foreclosures (REO) jumped about 33% to 27,983.
- The national average time in the foreclosure process fell to about 563 days in Q2 2026, the shortest since 2013, with Texas averaging about 155 days and several judicial states taking much longer.
- Activity is concentrated: Florida posted the highest statewide rate (0.27%) and several Florida metros led U.S. foreclosure rates, while Idaho, Colorado and Georgia showed the largest year‑over‑year spikes.
- Industry sources say recent servicing changes for VA loans, tighter FHA loss‑mitigation rules, rising delinquencies and more short sales are pushing vulnerable borrowers into foreclosure and increasing operational pressure on servicers and local housing markets.