A new report looking at delinquency and default rates for loans signed during the housing boom shows some disturbing trendlines that suggest plenty of foreclosures to come in 2012.
U.S. home foreclosures fell at the slowest year-on-year rate in 2011; a new wave may be imminent in 2012, according to RealtyTrac.
Whether you’re in foreclosure or afraid you might end up there, now is the time to get in action. Here are five things that can make a huge difference.
Too many struggling homeowners think that the root of the problem is in the mortgage, but new research shows the problem may be much bigger than that.
New data from RealtyTrac shows that foreclosures are mounting just as foreclosure sales are dipping.
The latest data from RealtyTrac indicates foreclosures are on the rise again. (And that’s actually a good thing!)
While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments.
About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed.
RealtyTrac says a high rate of default notices and new delinquencies last quarter indicates lenders may finally be taking the brakes off of foreclosure proceedings.
Even if you decide to walk away from your mortgage, banks and mortgage lenders may still come after you to pay off the debt that remains.