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Loan Modification

: Loan Modification & Home Loan News

Foreclosure Crisis Update: Overloaded Counselors and Backlogged Banks

By Moe Bedard

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A new wave of foreclosures is hitting Washington state. The number of homes that banks are taking back surged by nine percent last month nationwide. And in Washington, the number was even higher. 15 percent more homes were repossessed by banks here compared to July 2009, giving us the 14th highest foreclosure rate in the [...]

Full post as published by Loan Modification & Home Loan News on August 23, 2010 (boomark / email).

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