Home Foreclosures in 2010 Top 1 Million for First Time

1.6 Million Homes Hit With Foreclosure Notices In First Half Of 2010. "The midyear numbers put us on pace to exceed 3 million properties with foreclosure filings by the end of the year, and more than 1 million bank repossessions. The roller coaster pattern of foreclosure activity over the past 12 months demonstrates that while.

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Foreclosures Set to Hit 1 Million Mark in 2010. Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009, according to data released Thursday by RealtyTrac Inc., a foreclosure listing service.

Lender delays in processing home-loan defaults will push as many as 1 million U.S. foreclosure. the political arena,” he said. Foreclosure filings in the first half declined 25 percent from the.

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Total foreclosure filings for 2013, including notices of default, scheduled auctions and bank repossessions, were reported on 1.36 million. their homes to bank repossessions in 2013, down 31% from.

RealtyTrac reported 2.9 million foreclosures in 2010, representing a 2 percent. Home equity line of credit (HELOC), reverse mortgage fraud, and fraud. of the states in the top 10 are located in the Northeast, Florida has continued to rank first.. or agreements in place to resell the property, typically for a period of 90 days.

Home foreclosures in 2010 top 1 million for first time – Reuters – Banks foreclosed on 69,847 properties in December, bringing the year’s total to 1.05 million, topping the prior record of 918,000 homes seized in 2009, real estate data firm RealtyTrac said.

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