Default notices sent to delinquent U.S. homeowners surged 33 percent in August from the previous month, a sign that lenders are speeding up the foreclosure process after almost a year of delays, RealtyTrac Inc. said.
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Mortgage-Default Filings Surge 33% as Banks Speed Up Process
Posted by mortgage 251 days ago (Editorial)Foreclosure filings jump in July (Bradenton Herald)
Posted by mortgage 1015 days ago (Editorial)
MANATEE ? So much for the lull in local foreclosures.
Mortgage filings fall, though rates improve: MBA (Market Watch)
Posted by mortgage 1070 days ago (http://us.rd.yahoo.com)
Homeowners fail to take advantage of lower interest rates to refinance their mortgages, the latest weekly data compiled by the Mortgage Bankers Association show. The weakness in refinancings accounts for much of the latest drop in overall filings for mortgages, down 15.8% in the week ended June 12 from the prior week.
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