California Foreclosure Filings Drop 19%: ForeclosureRadar

For west coast states, the foreclosure wave is reported to be dying down as third parties, who are typically investors, snatch up foreclosed homes, according to the February 2012 ""ForeclosureRadar.

""It’s great to see the banks slow down foreclosures and evictions for the holidays,"" said Sean O’Toole, CEO and founder of ForeclosureRadar. ""We expect that the numbers will drop. sale filings.

Foreclosure filings were down in California to levels not seen in nearly 3 years,’s April report shows. ." The drop in filings, and the rise in cancellations, is surprising. Fitch Downgrades National City, Wamu, Others on Home Equity Concerns Homeownership falls to lowest level since 1998 At the end of 2014, the U.S.

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California Foreclosure Filings Drop 19%: ForeclosureRadar. report released by RealtyTrac revealed a drop in the overall foreclosure activity in November 2012. As per this leading online marketplace of foreclosure properties, foreclosure filings plummeted.

. that had foreclosure filings in the area represent a 13% drop from the fourth quarter and 19% slide year-over-year. Modesto’s foreclosure rate was only slightly lower than Stockton’s. Ten other.

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California Real Estate Market Sees Progress On Distressed Homes April brought good news for California’s real estate market, with foreclosure filings down dramatically, and a rise in cancellations suggesting that the combination of anti-foreclosure programs is making.

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NO END IN SIGHT FOR CALIFORNIA FORECLOSURE MESS March sees record levels of California foreclosure filings Discovery Bay, CA, April 15, 2008 – ForeclosureRadar (, the only website that tracks every California foreclosure with daily auction updates; today issued it’s California Foreclosure Report.

Despite the decline in filings, the inventory of properties in pre-foreclosure or scheduled for sale only dipped slightly, as the drop in filings were offset by an increase in the [.] Foreclosure filings in California were down in April for the first time since the beginning of this year, a report by shows.

Fighting MERS could lead to credit card rates for mortgages Once the loan has been assigned to MERS, the loan can be bought and sold any number of times later without recording an additional assignment. Don’t be surprised if you find out that your mortgage was assigned to MERS at some point. In most cases, there must be an assignment out of MERS’ name before the foreclosure can begin.

. the numbers seen at the peak of each state’s foreclosure activity. ForeclosureRadar reports California has seen a drop in activity of 56 percent since its peak, from 58,623 notice of default.