Hidden Backlog of Foreclosures
Real Estate Investing and Sentiment Foreclosure.com to Giveaway Free House at First of. the Authority will request that the company disclose the exposure, including any hidden subprime-related.
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Brevard County is a county in the U.S. state of Florida.As of the 2010 census, the population was 543,376, the 10th most populated county in Florida. The official county seat has been located in Titusville since 1894. Brevard County comprises the Palm Bay-Melbourne-Titusville, FL Metropolitan Statistical Area.It is located along the east Florida coast and bordered by the Atlantic Ocean.
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In the past two years, those two factors alone have resulted in a backlog of almost a million claims. office and one will most likely see caseworkers at their desks hidden behind stacks and stacks.
Hidden Backlog of Foreclosures What worries Khater more are states where sharply rising unemployment is coupled with many homeowners who already owe more than their houses are worth. He points to.
And shed some light on how foreclosures can lead to banks holding even more " toxic assets.". Dropping Prices Mean Hidden Losses Mount.
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Pent-Up Foreclosure Demand The area in pink represents potential foreclosure demand. Not all of that area will be foreclosed, but some of it sure will. The "Hidden Backlog" mentioned above (and highlighted in red) is within that pink area.
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However, these discounts come with a hidden price tag attached.. Depending on the lender's backlog of short sales, the process can take up.
Pent Up Foreclosures By State. click on chart for sharper image. In regards to the above chart I said. The area in pink represents potential foreclosure demand. Not all of that area will be foreclosed, but some of it sure will. The "Hidden Backlog" mentioned above (and highlighted in red) is within that pink area.
The new world of securitized mortgages, she says, is layered and nuanced. Some courts, overwhelmed by a growing backlog of foreclosures, can even be hostile to attorneys who want to slow down the.