Foreclosure filings jump nationwide
Bay Area foreclosure action heads back up
The number of Bay Area homeowners who received a foreclosure notice jumped sharply from July to A
The number of Bay Area homeowners who received a foreclosure notice jumped sharply from July to August in a sign that banks may be pushing through foreclosures that had been delayed because of the so-called "robo-signing" scandal.
But given that a similar increase happened in March, it won't be clear until at least next month if this trend will continue.
In the Bay Area, 2,780 homeowners received a notice of default in August, the first step in the foreclosure process. That's a 34 percent increase from July, and essentially unchanged from a year ago, said a report to be released Thursday by RealtyTrac.com, st jumped 19.5 percent from July and rose nationally, according to a report from RealtyTrac that suggests lenders are working through documentation issues that had delayed filings.
Filings in the Chicago area were down 28.2 percent from August 2010.
Last month, 11,226 homes in the area received a filing, or one in every 337 homes.
http://www.suntimes.com/business/7672482-420/foreclosure-filings-ju...
PHOENIX -- For the second month in a row, Arizona had the third highest foreclosure rate in the nation in August, according to Realty Trac.
"Arizona continues to be ranked consistently among the top five states in terms of foreclosure rate," said Realty Trac's Darren Blomquist.
http://ktar.com/category/local-news-articles/20110915/Arizona-No.-3...
Replies to This Discussion
-
Permalink Reply by Jim Braun on
-
Is to bad to see so many loose their homes, I am one of them. As well, so many wanted a house even the rich would not want. The foreclosure coin has 2 sides and both are being played. I live in the Philippines and will soon buy a house here,cash, 10 to 20K will get you something ok to nice to live in and no one can take it away.
-
Permalink Reply by keith howard thomas on
-
Wow,Thats not good.I lost a home,Not a nice thing.But did manage to rebuild my credit in 4 years and purchased another home.what confuses me,is why are they building so many homes in long pond pa?Very strange.The one I purchased now,came with a inlaw apartment..which can be rented out.Many people are renting rooms and sharing homes to deal with the bad economy here.
-
Permalink Reply by Andy Anduer on
-
I lost a property in Texas a long time ago because of failure to pay taxes on it. The Tax office never answered their phone and were always closed and wouldn't answer their mail. Hows that for legal robbery?
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
IT’S OVER! Trump OBLITERATES IRS as Social Security Just Changed FOREVER!
"The IRS has lost almost one-third of its tax auditors after 2 months of DOGE cuts, report…"
What's in Macron's hand? Cocaine bag?
"Russian Spokesperson Maria Zakharova Responds to Macron, Merz, and Starmer’s…"
"Keep the posts coming lionhearted they are all arrive in good form at least in my lonely corner of…"
What's in Macron's hand? Cocaine bag?
" Perhaps a tissue he's used to wipe his nose could be a possibility. Seems what ever it…"
What's in Macron's hand? Cocaine bag?
"I’m wondering if anyone on this site has seen anything I’ve ever posted?"
What's in Macron's hand? Cocaine bag?
"Macron picks up white powdery substance next to glass of water"
"Macron, Zelensky and others are so busted!! State of the Nation has video! I don’t know how to download it? Need help with the download."
© 2025 Created by truth.
Powered by
