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Due to a confluence of several factors, experts predict that there will likely be a significant uptick in the number of short sales for distressed properties throughout the rest of the year, with a.
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Foreclosure Activity in Massachusetts – Completed Foreclosures Spike. May 18, it is actually more likely a sign that the recent steady increase in completed foreclosures is starting to ramp up to follow the pattern seen in the petitions back about 18 months ago.. we are starting to see.
Foreclosure definition is – an act or instance of foreclosing;. a 76 percent spike in foreclosure starts compared to the year before, The borrower and the lender try to adjust the repayment schedule so that the borrower is more likely to make at least some of the. Is the Word 'Freshman' Going Out of Style?
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Rise in foreclosure filings due to spike in foreclosure starts In August, Colorado reported 1,273 scheduled foreclosure auctions, the start of the foreclosure process in the state, a 36 percent.
Foreclosure filings peaked in late 2009, began dropping in 2010, and then tapered down to 2006 levels as foreclosures were processed, and as the home price surge of Housing Bubble 2 made new defaults less likely. But the spike in October stands out as much as those in the early phases of the housing bust in 2006 and 2007.
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January’s spike in foreclosure starts is likely attributed more to seasonality than any type of pattern that may be forming, according to Black Knight’s SVP of Loan Data Products, Trey Barnes.