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Loan Modification

: The Truth About Mortgage.com

Robosigning Backlash May Have Led to Near 10 Percent Drop in Bank Repos

By scot184

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Last month, foreclosure filings were reported on 332,172 properties nationwide, according to RealtyTrac. That’s down four percent from the previous month and nearly the same amount reported in October 2009. A total of 100,575 properties received default notices (NODs), the first step in the foreclosure process, prompted by missed mortgage payments. NODs fell two percent from September and [...]

Full post as published by The Truth About Mortgage.com on November 11, 2010 (boomark / email).

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