Foreclosure Starts Rise Again

August 12, 2012 | Comments Off on Foreclosure Starts Rise Again

RealtyTrac reports that new foreclosure proceedings increased 6 percent last month compared to one year earlier; however, total volume was down 10 percent. 

Separately, second-quarter data from the Mortgage Bankers Association reflects the first gain in mortgage delinquencies in a year.

Source: “Foreclosure Starts Rise Again,” Investor’s Business Daily (Aug. 10, 2012)


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