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Home > Archives for September 2025

Archives for September 2025

U.S. Year Over Year Foreclosure Activity Rises for Sixth Straight Month in August

September 15, 2025 by mthomas

IRVINE, Calif. — September 11, 2025 —ATTOM, a leading curator of land, property data, and real estate analytics, today released its August 2025 U.S. Foreclosure Market Report, which shows there were a total of 35,697 U.S. properties with foreclosure filings— default notices, scheduled auctions or bank repossessions — down 1 percent from a month ago but up 18 percent from a year Continue Reading

California Enacts New Mortgage Servicing and Foreclosure Standards

September 6, 2025 by mthomas

On June 30, California Governor Newsom has signed AB 130, a budget trailer bill related to housing. This legislation includes new requirements for mortgage servicers of subordinate mortgages, defined in the bill, and took effect immediately. The text of the new statute, which comprises a very small portion of the full bill, may be found (here). The bill outlines unlawful practices for mortgage Continue Reading

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Michael Thomas is one of the leading real estate brokers in San Diego, California. He is endorsed by the National Association of Realtors as a Seller Representative Specialist, Accredited Buyer Representative, as well as Short Sale & Foreclosure Certified. As a lifelong resident of San Diego with a Master’s Degree in Business Administration, he’s uniquely qualified to help San Diegans achieve their real estate goals.

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