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Loan Modification

: The Truth About Mortgage.com

Foreclosure Timeline Exceeding 500 Days in Some States

By scot184

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Foreclosure timelines continue to increase, thanks in part of the recent robosigning allegations and related moratoria, according to the September Mortgage Monitor report released by Lender Processing Services. The average number of days mortgages are delinquent in five judicial states (New York, Florida, New Jersey, Hawaii and Maine) now exceeds 500 days. Judicial foreclosures generally take longer [...]

Full post as published by The Truth About Mortgage.com on November 03, 2010 (boomark / email).

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