As government backed foreclosure moratoriums edge closer to expiration, the number of borrowers who’re still under some kind of bailout program is declining fast. But the future is not as bleak as some may have feared for those who’re still in trouble. Data from Black Knight shows there were 1.618 million American borrowers still in
RealtyTrac’s August 2012 Foreclosure Market Report
The latest Realty Trac Foreclosure Market Report was released yesterday, and shows foreclosure filings, bank repossessions, default notices and scheduled auctions for the month of August were reported on 193,508 US homes. This is an increase of 1% compared to July, but is 15% lower than in August 2011.
RealtyTrac Reports Foreclosure Filings Down Again
The number of foreclosures filed during the first quarter of 2012 has dropped by 2% on the previous quarter, and by 16% from the same period 12 months ago, according to a new report just released by Realty Trac.
LPS Reports Spike in Foreclosure Starts and Sales
Foreclosure starts and foreclosure saw a significant jump last January, rising by 28% and 29% respectively on the previous month’s totals, according to the Lender Processing Services’ (LPS) latest available data.