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Loan Modification

: The Truth About Mortgage.com

Nearly 40 Percent of California Foreclosures Were Rentals

By scot184

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Of the estimated 211,154 residential units foreclosed on in California during 2009, roughly 77,145 were rental units, according to a new report focused on tenant rights. The foreclosures resulted in the displacement of an estimated 208,795 tenants who were living in single-family homes, condos, and multi-family apartments, despite likely making on-time payments every month. From 2008 to [...]

Full post as published by The Truth About Mortgage.com on May 18, 2010 (boomark / email).

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