Tag Archive | "Foreclosure sales"

New Delinquencies Continue to Fall, But So Do Foreclosure Sales

Wednesday, March 2, 2011

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New delinquencies and foreclosure starts continued to fall in January, but increases in foreclosure processing and sales were not enough to offset swelling foreclosure inventories or lengthening foreclosure timelines. In fact, the average loan in foreclosure has not made a payment in over 500 days, according to Lender Processor Services' February Mortgage Monitor report.

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