---
title: "Foreclosure Starts vs. Bank Repossessions"
slug: the-pipeline
summary: "Foreclosure starts ran 4.5 times bank repossessions in August 2026"
category: "Housing"
unit: ratio
frequency: monthly
direction: bidirectional
latest_value: 4.47
latest_period: "2026-08"
trend: unknown
last_updated: "2026-09-22T00:00:00Z"
source: "ATTOM Data Solutions"
source_url: https://www.attomdata.com/news/market-trends/foreclosures/
canonical_html: https://americandefault.org/indicators/the-pipeline/
citation_apa: "Kilburn, R. (2026). Foreclosure Starts vs. Bank Repossessions [Data set]. American Default Research. https://americandefault.org/indicators/the-pipeline/"
citation_chicago: "Kilburn, Ross. 2026. \"Foreclosure Starts vs. Bank Repossessions.\" American Default Research. https://americandefault.org/indicators/the-pipeline/."
citation_mla: "Kilburn, Ross. \"Foreclosure Starts vs. Bank Repossessions.\" American Default Research, 2026, americandefault.org/indicators/the-pipeline/."
---

# Foreclosure Starts vs. Bank Repossessions

Also tracked as The Pipeline.

> Foreclosure starts ran 4.5 times bank repossessions in August 2026

## Current Reading

As of August 2026, Foreclosure Starts vs. Bank Repossessions is **4.5 times**.

foreclosure starts for each bank repossession in the same month, by ATTOM's counts

## What Changed

- By ATTOM's monthly counts, foreclosure starts were 4.5 times bank repossessions in August 2026, down from 5.6 times in July 2026; month-to-month moves in these unadjusted counts can include seasonal swings.

## Recent Values

| Period | Value |
|--------|-------|
| 2026-08 | 4.47x |
| 2026-07 | 5.59x |
| 2026-06 | 5.49x |
| 2025-12 | 4.75x |
| 2025-09 | 6.29x |
| 2025-06 | 5.6x |
| 2024-12 | 6.55x |

## Historical Context

- Peak since 2024: **6.6 times** in December 2024
- Low since 2024: **4.5 times** in August 2026

## Methodology

This indicator carries monthly observations and is interpreted as moving in both directions against household distress, with no single end of the range reading as the distressed one. Source: ATTOM Data Solutions.
Automation: parsed from the source's published data via the Anthropic Claude API.

## Source

ATTOM Data Solutions — [https://www.attomdata.com/news/market-trends/foreclosures/](https://www.attomdata.com/news/market-trends/foreclosures/)

Data retrieved: 2026-09-22T00:00:00Z

## Related Indicators

- [foreclosure-filings](https://americandefault.org/indicators/foreclosure-filings/)

## Machine-Readable Endpoints

- HTML page: https://americandefault.org/indicators/the-pipeline/
- JSON: https://americandefault.org/api/indicators/the-pipeline.json
- CSV: https://americandefault.org/api/downloads/the-pipeline.csv
- BibTeX: https://americandefault.org/citations/the-pipeline.bib
- RIS: https://americandefault.org/citations/the-pipeline.ris

## Citation

**APA 7th**

    Kilburn, R. (2026). Foreclosure Starts vs. Bank Repossessions [Data set]. American Default Research. https://americandefault.org/indicators/the-pipeline/

**Chicago (author-date)**

    Kilburn, Ross. 2026. "Foreclosure Starts vs. Bank Repossessions." American Default Research. https://americandefault.org/indicators/the-pipeline/.

**MLA 9th**

    Kilburn, Ross. "Foreclosure Starts vs. Bank Repossessions." American Default Research, 2026, americandefault.org/indicators/the-pipeline/.

Use **American Default Research** as the institutional name in source lists, bibliographies, and press citations. **American Default** is the brand and URL form. **American Distress Index (ADI)** is the product name for the national composite score.