If a borrower has defaulted on mortgage payments for a certain period, a property will enter preforeclosure. Preforeclosure is the crucial period when the borrower has missed sufficient payments to be ...

While foreclosure filings dropped 10% from 2023 to 2024, they’ve started to increase again in 2025, according to ATTOM, a real estate data company. In the third quarter of 2025, there were 101,513 ...