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Loan Modification

: Loan Modification & Home Loan News

Homes Lost To Foreclosure Increase 25%

By Evan Bedard

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Mortgage lenders repossessed more homes in August than in any month since the start of the housing crisis. The rise occurred as the number of properties entering the foreclosure process slowed for the seventh consecutive month, according to foreclosure listing firm RealtyTrac Inc. Banks repossessed 95,364 properties in August, up 3% from July and an [...]

Full post as published by Loan Modification & Home Loan News on September 21, 2010 (boomark / email).

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