Foreclosure delays beginning to wear off: RealtyTrac

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What kept Margolang from falling off the ledge could offer policymakers a suggestion. more on their mortgages than their house is worth. Even though RealtyTrac Inc. reports foreclosure starts.

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But the problems and delays in processing foreclosures continued to mask the true foreclosure picture, said James J. Saccacio, chief executive officer of RealtyTrac, an online marketplace for foreclosure properties. The May numbers provided some clues of "what lies behind that mask."

How To Buy Pre Foreclosure Homes While industry research group RealtyTrac reported foreclosure activity dropped to a 74-month low in April, the figures could not disguise the fact that in some cities and some states, such as Nevada

Foreclosure delays beginning to wear off: RealtyTrac Short Sales Become Bank Foreclosure Shortcut – NEW YORK ( TheStreet) – Banks dealing with lengthy, complicated and frequently messy foreclosures are starting to see "short sales" as a quicker and cheaper way of getting bad loans off their books ..

RealtyTrac, which is releasing its national and state-by-state report, said the decline is more closely related to delays in the foreclosure process following the "robo-signing" scandal in 2010.

Contents Households age 50 service mortgage loans backed Home loan mortgage corporation (freddie mac Months ended june 30 FHFA assists 3.2 million troubled homeowners New homes sales tumble 11.4% in March "The asymmetry between existing- and new-home sales in March is surprising, but not shocking, as potential homebuyers often turn to existing homes if they [.]