2 Articles match "California","Summary"

The Latest from RealtyTrac MORE
Foreclosures Don't Back Down in September
Colorado, Nevada and Michigan posted the highest state foreclosure rates, and California reported the most foreclosure activity of any state in terms of sheer numbers. To get an overview of how the foreclosure process works in your state, you can also visit RealtyTracs summaries of state foreclosure processes at http://www.realtytrac.com/foreclosure_laws_overview.as Foreclosure activity in September didn’t back down much from the jump reported in the previous month, RealtyTrac reported today. RealtyTrac’s monthly foreclosure report shows 112,210 properties entering some stage
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
Study Forecasts Rising Subprime Foreclosures
It warns cities in California, Nevada, New Jersey, New York and Michigan, as well as the greater Washington, D.C. Absent from the studys executive summary and proposed solutions are any mention of the borrower’s role in preventing foreclosed subprime loans. A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosures Don't Back Down in September
    Colorado, Nevada and Michigan posted the highest state foreclosure rates, and California reported the most foreclosure activity of any state in terms of sheer numbers. To get an overview of how the foreclosure process works in your state, you can also visit RealtyTracs summaries of state foreclosure processes at http://www.realtytrac.com/foreclosure_laws_overview.as Foreclosure activity in September didn’t back down much from the jump reported in the previous month, RealtyTrac reported today. RealtyTrac’s monthly foreclosure report shows 112,210 properties entering some stage
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Study Forecasts Rising Subprime Foreclosures
    It warns cities in California, Nevada, New Jersey, New York and Michigan, as well as the greater Washington, D.C. Absent from the studys executive summary and proposed solutions are any mention of the borrower’s role in preventing foreclosed subprime loans. A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE