New York foreclosure courts face seven-year backlog: RealtyTrac

 · RealtyTrac reports that foreclosure activity is slowing and foreclosure filings were in decline for the 36th consecutive month in September. The latest report indicates activity has fallen to a seven-year low despite edging up 2% from the previous month. Many factors have acted to slow the foreclosure rate, not least of which was the moratorium.

As on Long Island, the number of scheduled foreclosure sales in New York State has doubled this year – from 4,623 last year to 9,873 this year, California-based data company realtytrac reported. golden state warriors held the Blazers to 13 points in the third quarter and 33 points in the second half to win 110-99 in game 3 saturday night.

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Backlog Worsens For U.S. Courts As Foreclosure Proceedings Face Scrutiny. due to shoddy foreclosure procedures, the backlog has. their own reviews of foreclosure procedures. In New York, the.

However, as banks continue to cancel hundreds of hearings due to shoddy foreclosure procedures, the backlog has stagnated. reviews of foreclosure procedures. In New York, the chief judge of the.

NEW YORK (TheStreet) — Foreclosure activity fell 27% in September from last year but rose 2% from a month earlier, according to the latest report from RealtyTrac. borrower is in default in court,

 · Life with Buddy From WCNC: The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third quarter, reflecting a gradually improving housing market and fewer homeowners falling behind on mortgage payments. Lenders initiated foreclosure action on 174,366 homes in the July-September period, the lowest level since the.

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RealtyTrac Vice president daren blomquist says that although New Jersey has seen a 42 percent increase in foreclosures in the first quarter, a 12 percent decrease in March could be a sign of change.

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New York foreclosure courts face seven-year backlog: RealtyTrac (4.80%, 30-year fixed) And now that Obama’s foreclosure. the backlog of vacant homes is still about the same. Any recovery in housing will show up first as falling inventory, since the heart of the.