Midyear Foreclosure Market Update
July 15th, 2025
1:00 PM ET | 12:00 PM CT | 11:00 AM MT | 10:00 AM PT
Members - FREE | Non-Members - $25
After five years of historically low foreclosure activity, is the market finally starting to return to normal? Mortgage delinquency rates appear to be on the rise, along with foreclosure starts. But foreclosure sales and REO inventory both remain well below pre-pandemic levels. Will FHA and VA loans drive higher numbers of defaults and foreclosures for the rest of 2025? Or is increased activity still off in the future? Will a weakening housing market limit the options delinquent borrowers have to avoid foreclosure? And what impact will today's economic uncertainty have on the market?
Join us as our panelists answer these questions, and dive into data from the Mortgage Bankers Association, ATTOM, Auction.com, ICE Mortgage Technology and others to discuss what's happening today, and what's in store for the balance of the year - and beyond.
Meet The Speakers:
Daren Blomquist
Auction.com
Daren Blomquist is vice president of market economics at Auction.com. In this role, Blomquist analyzes and forecasts complex macro and microeconomic data trends within the marketplace and industry to provide value to both buyers and sellers using the Auction.com platform.
Daren’s reports and analysis have been cited by thousands of media outlets — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. Daren has been quoted in hundreds of publications and has appeared on many national network broadcasts, including CBS, ABC, CNN, CNBC, FOX Business and Bloomberg.
Rick Sharga
CJ Patrick Company
Rick is the Founder & CEO of CJ Patrick Company, a market intelligence and advisory firm for companies in the real estate and mortgage industries.
One of the country’s most frequently quoted sources on real estate, mortgage and foreclosure trends, Rick has appeared on CNBC, CBS News, NBC News, CNN, ABC News, FOX Bloomberg and NPR.
Rick is a founding member of the Five Star National Mortgage Servicing Association, on the Board of Directors of the National Association of Default Professionals and was twice named to the Inman News Inman 100, an annual list of the most influential real estate leaders. Rick has over 20 years of experience in the real estate and mortgage industries, including roles as the EVP/Market Intelligence at ATTOM Data, EVP for Carrington Mortgage Holdings, EVP at RealtyTrac, and as the Chief Marketing Officer of Ten-X and Auction.com, the leading online real estate marketplace.
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