Florida foreclosures up 35 percent in July

Foreclosure starts in Florida up 35 percent year-over-year in July Foreclosure starts increase in 44 percent of U.S. markets in July 2018

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As the scars of the last financial collapse still healing, Florida’s 55,000 foreclosures during a 12-month stretch ending August 2016 easily topped all other states.

The second quarter underwater numbers were up from 7,341,922 seriously. those in some stage of the foreclosure process — that were seriously underwater at the end of the second quarter was 34.4.

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The delinquency rate jumped to 6.35. up with monthly mortgage payments. The proportion of those loans falling into foreclosure jumped to 1.55 percent from 1.06 percent. The delinquency rate rose to.

Roy Oppenheim’s opinions on legal foreclosure trends in Florida, including the increased importance of making valid legal arguments and proper procedures. Roy Oppenheim’s opinions on legal foreclosure trends in Florida, including the increased importance of making valid legal arguments and.

More than 35 percent of all foreclosures are concentrated in the following states: florida georgia michigan ohio Texas The highest rate of serious mortgage delinquency is not found in the five states listed above; the state with the most troubling rate of mortgage payments happens to be New Jersey, followed by New York and Mississippi.

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Foreclosure filings increased 17 percent from July to August in the three-county Madison metro area, but the national foreclosure total actually went down in the latest figures released Thursday. RealtyTrac, an online foreclosure listing company, said 323 properties received a foreclosure notice in.

Court allows lenders to restart foreclosures any time The 2013 law was meant to alleviate the heavy load of foreclosure cases on Florida courts, and allow lenders to request expedited foreclosures. The litigation at the center of the order dates back.

What the Heck’s going on with Foreclosures? Why this Spike?. but this nationwide decrease is covering up what is now happening in 28 states and Washington D.C., I was curious to know what the reason for the foreclosures are by percentage. And what is the percentage the taxpayer owns.

Florida is where most of the highest foreclosure rates are happening. Florida’s foreclosures dropped less than 1 percent from the previous quarter, and were down 19 percent from a year ago.

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.