Short sales, loan modifications and other alternatives are driving down the number of foreclosures, according to a report released today from CoreLogic, a California analytics firm. Foreclosures are on the decline because banks are working with borrowers, home sales are increasing and prices are stabilizing, according to the report. Other findings: • Short sales, modifications [...]
Continue reading...Tuesday, October 4, 2011
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Fewer homeowners struggling with foreclosure have been able to “cure” their defaults in recent months than during the same time last year or even earlier this year. El Paso County Public Trustee, Thomas Mowle, issued his end-of-month report for September, which revealed that new foreclosure starts were up in August and September to the second [...]
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Wednesday, May 9, 2012
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