After a jump in August, foreclosures begin again

New foreclosure actions in states along the country’s West Coast returned to levels in line with prior months during September, according to ForeclosureRadar, a California-based company that tracks every foreclosure in its five-state coverage area. The leveling off in September follows a strong surge in foreclosure starts during the month of August in the western …

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Report Reveals Continued Declines in West Coast Foreclosure Starts

The November 2010 Foreclosure Report by ForeclosureRadar shows that though there has been no major drop in delinquencies in the West Coast states of Arizona, California, Nevada, Oregon, and Washington, foreclosure starts have fallen to 2008 levels, continuing their two month decline. The company’s report deduces that the drop in foreclosures is due to robo-signing …

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California Mortgage Defaults Hit Three-Year Low

The number of California homeowners entering foreclosure dropped to its lowest level in three years during the second quarter of 2010, according to the San Diego-based real estate research firm MDA DataQuick. Lenders filed a total of 70,051 notices of default (NODs) with county recorder offices during the April-to-June period, DataQuick reports. NODs represent the …

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