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Loan Modification

: Loan Modification & Home Loan News

One Million Mortgages in Foreclosure Pipeline and More on the Way

By Evan Bedard

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According to realtytrac.com, foreclosure filings ? default notices, scheduled auctions and bank repossessions ? were reported on 932,234 properties in the first quarter, a 7 percent increase from the previous quarter and a 16 percent increase from the first quarter of 2009. Meanwhile, the heavily hyped Federal program to stave off defaults via massaging the terms [...]

Full post as published by Loan Modification & Home Loan News on April 20, 2010 (boomark / email).

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