Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
The only community areas that experienced increases in foreclosure filings were Hyde Park (20 percent), Calumet Heights (11 percent), and Morgan Park (nearly two percent). The region experienced its largest year-over-year decline in foreclosure auctions since 2011. The number of foreclosure auctions in the Chicago six county region fell from.
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Miami had the nation’s highest rate of residential foreclosures during the month of July, according to a new report from RealtyTrac. The report shows that one in every 339 homes in the Miami.
The ATTOM Data Solutions U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the attom data warehouse during the month and quarter. Some foreclosure filings entered into the database during the year may have been recorded in the previous year.
Foreclosures filings dropped significantly across the country last month.. Another nearly 40,000 properties. but last month ‘ s double-digit decline is positive news in an industry already.
The government aid, intensified in late March, has so far failed to overcome the staggering effects of nearly double-digit unemployment and. One in every 138 U.S. households got a foreclosure.
This rate – 17 percent – is nearly double the state average, whereas foreclosure filings in all of North Carolina have dropped 9 percent, according to N.C. Administrative Office of the Courts.
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Any increase in the number of foreclosure filings, he added, "would seem logical" because of the volume of new loans, including refinancing to take advantage of historically low interest rates. The number of loans closed in Massachusetts in 2004 was 715,800 more than double.
3 In 2014, foreclosure actions constituted nearly 30% of the New York Unified Court System’s Supreme Court civil caseload. 4 In 2009, there was a record high of 47,664 foreclosure cases filed. Although filings dropped in 2011 after the court system and the state legislature
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NEW YORK (AP) – The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday. Nationwide, 739,714.