The number of foreclosure filings — default notices, auction sale notices and bank repossessions — reported during September nearly doubled compared with year-ago filing volume, according to.
A new report shows that foreclosure filings in Massachusetts continue to escalate at a record-setting pace, reaching a new high in February.. bay state foreclosures Nearly Double in February.
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The firm reported a foreclosure rate of one foreclosure for every 557 households, with Nevada, Florida and California being hit the hardest. Nevada had the highest foreclosure rate, 1 in 185 households, and nearly triple the filings it had in September 2006.
U.S. foreclosure filings nearly doubled in October from the same month last year, the latest sign many homeowners are falling behind on mortgage payments and increasingly losing their homes, according.
up 63.5 percent from January and nearly double the number a year earlier. Nationally, foreclosure filings fell in February, down 4 percent from January. They were, however, up 12 percent from February.
Florida foreclosure laws explained including sample foreclosure documents, defending your own Florida foreclosure and state and local assistance programs.
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Foreclosure Sales Nearly Double from prior year.. number of properties in Preforeclosure dropped 8.0 percent due to the relatively high number of Notice of Trustee Sale filings. Properties exiting the foreclosure process nearly matched the number of new Notice of Trustee Sale filings, leaving.
The number of foreclosure filings reported in the U.S. last month more than doubled. often have so-called teaser rates that can cause monthly payments to double at the end of two or three years, he.
Soaring foreclosures continue to raise questions about the mortgage industry’s claims that lenders are making a dent in the housing crisis. Foreclosure filings last month were up nearly 50 percent.
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Foreclosure starts at new record low nationwide, increase in DC and five states. Lenders started the foreclosure process on 383,701 U.S. properties in 2017, down 20 percent from 2016 and down 82 percent from a peak of 2,139,005 in 2009 to a new all-time low going back as far as foreclosure start data is available – 2006.
Twice as many homes enter the process in July as a year ago.. Foreclosure filings spike in Southwest Florida.. that some homeowners are still struggling to pay mortgages nearly a year after the impact of Hurricane Irma.