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Loan Modification

: The Truth About Mortgage.com

California Mortgage Defaults Drop 24 Percent, But More Homes Lost to Foreclosure

By scot184

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Mortgage defaults in the Golden State dropped 24.3 percent in the fourth quarter compared to a quarter earlier, but were still 12.4 percent higher than a year ago, according to DataQuick. A total of 84,568 Notices of Default (the first step in the foreclosure process) were recorded between October and December, compared to 111,689 in the [...]

Full post as published by The Truth About Mortgage.com on January 27, 2010 (boomark / email).

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