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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosure Crisis Update: Overloaded Counselors and Backlogged Banks

By Implode-Explode Heavy Industries

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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 country. "

Full post as published by Mortgage Lender Implode-o-Meter on August 23, 2010 (boomark / email).

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