Foreclosure filings jumped to a total of 86,465, up more than 50 percent from the previous quarter and nearly doubling from last year. "Averaging over 900 days from the date of filing to sale – nearly double the national average – the foreclosure process is not only unacceptably protracted, but also unquestionably damaging for New.
Foreclosure Filings Nearly Double From Year Ago Last updated on October 27th, 2010 A total of 224,451 foreclosure filings were reported in October, up 94 percent from the 115,568 filings reported in the same period a year ago, RealtyTrac Inc. said Thursday.
NEW YORK, Oct 11 (Reuters) – U.S. home foreclosure filings decreased 8 percent in September from a 32-month peak in August, though they are still nearly double their year-ago levels, a report said on.
NEW YORK (Reuters) – Foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points. of 13 percent from the previous.
up 12 percent from July and nearly four times the August 2008 number of 21 properties. Newport News saw 114 properties with foreclosure filings, up 10 percent from July and more than double the August.
mortgage How do Reverse Mortgages Work? When you have a regular mortgage, you pay the lender every month to buy your home over time. In a reverse mortgage, you get a loan in which the lender pays you.Reverse mortgages take part of the equity in your home and convert it into payments to you – a kind of advance payment on your home equity.
Nationwide, the foreclosure crisis is worsening rapidly and is expected to deteriorate further. The number of foreclosure filings nearly doubled from the.
Since DiNapoli’s office first reported on the impact of foreclosure activity on local governments in New York back in 2012, the trends in both new foreclosure filings and the number. for June was 6.
About 1.1 million property owners last year received new terms through the government’s Home Affordable Refinance Program, double. foreclosure while a borrower seeks modified loan terms, last month.
The staggering rise in US home foreclosures was documented in a report issued Wednesday by RealtyTrac, a California-based marketer of foreclosed properties. Overall, the firm reported, residential.
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How fishy foreclosures earned millions for lawyers like David J. Stern-and made the. some cases nearly a year-after the foreclosures were filed.. losing their homes doubled, Stern's case referrals nearly quintupled, and.
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