Countrywide Foreclosures: Latest News and Trends
According to Florida based Lending Processing Services, the time it takes an average delinquent loan to be processed through the foreclosure process is now 631 days. Bank repossessions rose in October 2011 in many judicial foreclosure states. Judicial foreclosures are foreclosures that need court approval. For instances, foreclosures rose 48% in New Jersey and 73%… Read More »
