Courtesy of ZeroHedge. View original post here. Pre-foreclosures are spiking in New York City according to a new PropertyShark analysis. On a quarter
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"Under most of the foreclosure mediation programs, servicers have all the discretion and homeowners have no power. If the programs demand little or no accountability from servicers, it’s likely.
"The swell in foreclosure filings is likely fallout from pending litigation between the Colorado attorney general and two of the biggest foreclosure law firms in the state," said Daren Blomquist, vice president at RealtyTrac.
Foreclosure spike in Harrisburg area might help buyers. "The longer housing prices stay in the doldrums the more likely that [homeowners] will decide to walk away and allow their home to go.
Asset valuations for stocks are the highest ever by some measures (Chart 5), suggesting that the coming recession (cf. at.
· Short Sales Could Spike This Summer, Data Suggests.. likely be a significant uptick in the number of short sales for distressed properties throughout the rest of the year, with a spike coming.
Jobs growth surges in October, but fails to meet experts’ expectations KEYWORDS employment report jobs report rate hike U.S. Bureau of labor statistics employment increased substantially in October, making up for the job loss in September, according to the latest release.
· As the number of foreclosures spikes back, a new report is saying that as many as 30% of foreclosed houses are seriously damaged. Foreclosures Spike in.
A bust is less likely than in Miami, but prices seem very close to peaking. The big question in both Seattle and San.
Every major turning point in the last several years has been preceded by a major spike in optimistic among. breadth and.
. the law has already delayed some potential foreclosures and likely affected foreclosure deeds to some extent in June. However, Nickley said the foreclosures could spike again in the coming months.
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but she said the thieves likely struck again. “This time from the key they had and saved, they came back and took it,” said.
While an eventual solution to brand name pricing may take a number of years, changes to the generic industry may be coming quicker. shortages have been associated with a spike in price increase,
· Cuomo will make foreclosure reform a priority – finally. July report by The Post about a dramatic spike in foreclosures on reverse mortgages. to pass last year – are likely.