The nationwide foreclosure moratorium officially expired at the end of July, and while many borrowers are still eligible for mortgage forbearance -- an option to pause mortgage payments due to financial hardship -- it appears servicers are picking up steam when it comes to foreclosure filings. The Millionacres takeaway: Our Aly Yale notes that more distressed properties are coming, but it's not a deluge like many investors had hoped. If you're on the hunt for a good fix and flip or other investment property, she advises, focus on the markets where foreclosures are most common, and watch forbearance numbers as they start to peter out.
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