A total of 30,187 U.S. properties started the foreclosure process for the first time in July, up 1 percent from the previous month and up less than 1 percent from a year ago – the first year-over-year increase in foreclosure starts nationwide following 36 consecutive months of year-over-year decreases.
Foreclosure Rates and Mortgage Delinquencies.. of 118,339 in September 2010. At the same time, the foreclosure inventory — the number of homes at some stage of the foreclosure process.
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through a short sale or deed -in-lieu of foreclosure with assistance from the Home Affordable Alternatives Program (HAFA). 87% of eligible homeowners entering a HAMP trial modification since June 1, 2010 have received a permanent modification with an average trial period of 3.5 months.
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Banks foreclosed on 69,847 properties in December, bringing the year’s total to 1.05 million, topping the prior record of 918,000 homes seized in 2009, real estate data firm RealtyTrac said. The number of foreclosure filings, which includes default notices, auctions and repossessions, was a record 2.9 million last year, including 257,747 filings in December.
1.6 Million Homes Hit With Foreclosure Notices In First Half Of 2010. "The midyear numbers put us on pace to exceed 3 million properties with foreclosure filings by the end of the year, and more than 1 million bank repossessions. The roller coaster pattern of foreclosure activity over the past 12 months demonstrates that while.