Mobile Mortgage News

‘07 foreclosures top total for housing boom years 2002-2006

posted 68 weeks ago on Mortgage Insider

Orange County homeowners lost their homes to the bank in higher numbers in July and received more tardy payment notices on their mortgages, reports DataQuick. In fact, the 1,709 foreclosures reported so far in 2007 top the total 1,664 foreclosures during the housing boom years of 2002 to 2006, when rising home prices helped owners avoid [...]

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