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Loan Modification

: Loan Modification & Home Loan News

Banks? Palm Beach home takeovers surge 81 percent from same period in 2009

By Moe Bedard

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Nearly 11,000 Floridians lost their homes to bank takeover in May, a whopping 81 percent increase over the same month last year and an indication that loan modification programs are failing, some economists say. In Palm Beach County, the number of homes lenders repossessed last month was 824, six times the amount in May 2009, according [...]

Full post as published by Loan Modification & Home Loan News on June 10, 2010 (boomark / email).

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