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Foreclosures continue to plummet

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Mortgage Professional America | 01 Nov 2013, 02:58 AM Agree 0
Foreclosures plummeted year-over-year in September, according to a leading analytics firm
  • Michael H | | 01 Nov 2013, 09:18 AM Agree 0
    Dont be fooled... they are just calling them by different names. Loan modifications, some for the 2nd and 3rd times after prior defaults is rampants as well. Deed in Lieu of foreclosures are up and we don't even want to talk short sales. Finally there are lenders who refuse to even start the process. Wall street equity funds have swept in and paid ? questionable prices for some properties thus helping prices to "recover" and resurface a few homes from the depths of negative equity...
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