There's a dramatic rise in foreclosure filings in Michigan, according to new data.
But housing-industry experts are downplaying the increase.
According to Attom, a foreclosure industry tracking company says foreclosure filings jumped 65% in Michigan during the third quarter of the year, that's compared to the second quarter of 2021. Compared with the third quarter of 2020, filings were up 143%. Both percentages were about twice the national increase.
The increase followed the end of a federal moratorium on foreclosure in July.