Foreclosure Crisis Is Far From Over, Report Finds By Loren Berlin Five years in, the nation is less than halfway through its foreclosure crisis, the nonpartisan Center for Responsible Lending warned in a report released Thursday.
Foreclosures had been falling sharply since the peak of the housing crisis in 2009 and 2010. Nationally, foreclosures dropped during the first quarter by 15 percent year over year and to the lowest.
an executive with the florida housing finance corp., the state agency responsible for allocating the federal money. "But with the scope of the foreclosure crisis, unfortunately, it doesn’t go very far.
In New York City’s communities of color, the foreclosure crisis is far from over. Nine of the ten zip codes with the highest number of pre-foreclosure notices are neighborhoods of color. Nearly two-thirds (65.4%) of all notices sent to residents of NYC neighborhoods of color pertained to.
“The [state’s] foreclosure crisis . . . is over,” said Barry Bluestone. Bluestone said Massachusetts, which suffered far less during the recession than such states as California, Florida, and.
· Rhode Island’s Foreclosure Crisis Far From Over. Tuesday, July 23, 2013.. says steady improvements in the slow-motion foreclosure crisis.
Tampa, Florida foreclosure is at a pretty high rate right now. People everywhere are suffering an economic crisis that is causing many homeowners to face this situation, but Tampa foreclosures are suffering a huge increase in numbers after about a decade of skyrocketing appreciation, so the fall is pretty hard on residents in this area.
Foreclosure crisis far from over for south florida; foreclosure bills face uphill climb; foreclosures IN HOAs: GOOD BUSINESS? HOA Lawyer In Risky Business. While here in Florida the foreclosures don’t make the big headlines yet on a permanent basis, It has already started down South.
"I think there’s a dead animal over there," says Verna. she whispers. Florida, home to a quarter of all the nation’s foreclosures, is one of 20 states that rely entirely on the courts to deal with.
As a Clearwater foreclosure defense attorney, I have witnessed the local housing crisis first-hand. The foreclosure crisis is far from over, especially in the Greater Tampa bay area. check out the alarming statistics from the Realtytrac figures for July, 2012: Florida remains the second highest state for foreclosure activity.