Foreclosure Filings Nearly Double

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The state reported one foreclosure filing for every 377 households in January, equivalent to December’s rate. Michigan’s monthly foreclosure filings jumped nearly 70 percent in. Arizona and Nevada.

A total of 224,451 foreclosure filings were reported in October, up 94 percent from the 115,568 filings reported in the same period a year ago, RealtyTrac Inc. said Thursday. The number of filings were up just two percent from September, with a rate of one foreclosure filing for every 555 households in the United States.

“However, bank repossessions continued to surge in May – posting a double. one foreclosure filing for every 201 households in May. It had 12,959 filings, up nearly 12 percent from April and almost.

More than 175,000 people nationwide were late enough on their mortgage payments last month to face default, auction or repossession, nearly double. national foreclosure rate of one default for.

The prior record was 3.1 million filings last year, up from a more typical year when about 800,000 foreclosure actions would be made. The highest unemployment rate in nearly 26 years is the biggest.

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Foreclosures on pace to double.. the second straight month that foreclosure filings in Lake County topped 400.. With nearly 10,000 new homes in pipeline, development in south Lake County is.

The prior record was 3.1 million filings last year, up from a more typical year when about 800,000 foreclosure actions would be made. The highest unemployment rate in nearly 26 years is the biggest.

LOS ANGELES — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.

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Foreclosure starts at new record low nationwide, increase in DC and five states. Lenders started the foreclosure process on 383,701 U.S. properties in 2017, down 20 percent from 2016 and down 82 percent from a peak of 2,139,005 in 2009 to a new all-time low going back as far as foreclosure start data is available – 2006.

up 12 percent from July and nearly four times the August 2008 number of 21 properties. Newport News saw 114 properties with foreclosure filings, up 10 percent from July and more than double the August.

 · Here are the winners and losers as the foreclosure crisis slogs into extra innings. shows that foreclosure filings in the first half of 2016 were down 20% compared to.