Sentences with phrase «foreclosure states»

The slowdown in foreclosures was most evident in judicial foreclosure states.

At the current rate of foreclosure sales, judicial foreclosure states would require 111 months to work through inventories of loans that are 90 or more days delinquent or in foreclosure.

Massachusetts is also a non-judicial foreclosure state.

Foreclosure sale rates in non-judicial states stood at approximately four times that of judicial foreclosure states in December.

On February 27 the Federal Housing Finance Agency (FHFA) announced a pilot program to be operated by Fannie Mae to sell nearly 2500 foreclosed properties in six hard hit foreclosure states for the purpose of providing rental housing.

In foreclosure states such as California, Latinos account for 48 % of the region's foreclosures.

In RealtyTrac's report released today, Florida maintained its ranking as the top foreclosure state in the country, with 21,182 foreclosure documents filed in the courts last month, or one in every 425 houses.

California is a non-judicial foreclosure state.

Ease of foreclosing - much longer foreclosure process in judicial foreclosure states than non judicial foreclosure states.

Not only do I anticipate interest rates rising in the near term, but distressed properties will continue to be a significant force in Connecticut and New York since both are judicial foreclosure states and the timing for the foreclosure process is measured in years.

All three are judicial foreclosure states and hence it takes forever to turn it into an REO.

Sand and energy states continue to experience the most robust appreciation and some judicial foreclosure states are even recording increasing prices.»

States with some of the biggest annual increases in foreclosure starts included the judicial foreclosure states of New Jersey (118 percent), Pennsylvania (97 percent), Florida (83 percent), Massachusetts (60 percent), New York (59 percent), South Carolina (43 percent), Ohio (32 percent) and Illinois (28 percent), and the non-judicial foreclosure states of Tennessee (165 percent), Texas (51 percent), Missouri (35 percent), Georgia (30 percent), and Michigan (24 percent).

Obviously, the economic development people don't want their state to be known as the No. 1 foreclosure state.

For New York, is it because it's a judicial foreclosure state and they still have a ton of homes in the foreclosure process?