Foreclosure Starts Rise Again
Foreclosure Starts Rise Again
RealtyTrac reports that new foreclosure proceedings increased 6 percent last month compared to one year earlier; however, total volume was down 10 percent.
Separately, second-quarter data from the Mortgage Bankers Association reflects the first gain in mortgage delinquencies in a year.
Source: “Foreclosure Starts Rise Again,” Investor’s Business Daily (Aug. 10, 2012)
© Copyright 2012 Information Inc.
- © Copyright the National Association of REALTORS® unless otherwise noted.
- HEADQUARTERS: 430 NORTH MICHIGAN AVE. CHICAGO, IL 60611
- D.C. OFFICE: 500 NEW JERSEY AVE. NW WASHINGTON, DC 20001
Most Recent News & Commentary