A federal foreclosure moratorium, which covered about 70 percent of the nation’s home loans, expired July 31. Housing experts anticipate foreclosures will ramp up in the coming months.

“The end of the government’s moratorium won’t result in millions of foreclosures,” Rick Sharga, executive vice president of RealtyTrac, a subsidiary of ATTOM, said in a statement, “but we’re likely to see a steady increase in default activity for the balance of the year.”

Nationwide, foreclosures were up 40 percent in July compared with July 2020 but down 4 percent from one month earlier.

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Paused mortgage payments resume for many homeowners, foreclosures expected