Foreclosure Filings Nearly Double

From USAToday: Foreclosures drop, but they’re nearly double 2006 Home foreclosure filings fell 8% in September from a 32-month peak in August, but they were still nearly double year-ago levels, real estate information company said Thursday.

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A mortgage foreclosure is nearly as damaging as a bankruptcy filing and will.. I look at it as a double dip is there some law on this issue.

That’s up from 1,339 days compared to 2013. “Averaging over 900 days from the date of filing to sale – nearly double the national average – the foreclosure process is not only unacceptably protracted,

From USAToday: Foreclosures drop, but they’re nearly double 2006 Home foreclosure filings fell 8% in September from a 32-month peak in August, but they were still nearly double year-ago levels, real estate information company said Thursday.

At one time, California dominated with the greatest number of foreclosures for any state. But Florida had almost double the foreclosure filings of.

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The filings include default notices, auction sale notices and bank repossessions. US foreclosures nearly double within a year – The Adviser A total of 224,451 foreclosure filings were reported across the country in October, up 94 per cent from the same time a year ago, says online real estate company RealtyTrac.

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Foreclosure, be it voluntary or involuntary, can be very damaging to your credit. Your mortgage records will be marked as in foreclosure, and these records will remain on your credit files for seven years. A mortgage foreclosure is nearly as damaging as a bankruptcy filing and will have a significant impact on your ability to borrow in the future.

The Supreme Court on Monday heard arguments in a case that dates back to the financial. A foreclosure sign in front of a house in 2007.

The state routinely sets new records for foreclosures – in the. Thanks to foreclosure fees and other charges, he owes almost double the.

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.

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