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Banks seize 42% more homes as Americans fall behind on mortgages
More American’s are losing the keys to their houses.
Foreclosures are climbing across the US, with the number of homes repossessed by lenders surging 42% from a year ago as more struggling homeowners reach the end of the foreclosure process.
Lenders repossessed 5,794 properties through completed foreclosures in August, up 22% from July and a 42% from August 2025, according to a new report from real estate data firm ATTOM.
Overall, 40,277 US properties received some form of foreclosure filing — including default notices, scheduled auctions and bank repossessions — during the month. That was up just 1% from July but 13% from a year earlier, continuing a months-long trend of foreclosure activity running above 2025 levels.
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