Category Archives: Foreclosure

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U.S. Foreclosures Down in First Quarter of 2012

New data shows that total U.S. foreclosure filings hit their lowest point since 2007 during the first quarter of 2012. 2007 is generally considered to be the year when the economic crisis began. All told, there were approximately 573,000 foreclosure filings in January, February and March 2012, an 11 percent drop from the same period……
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Foreclosure Settlement May Bring Relief to New Jersey Homeowners

The recession has not been kind to New Jersey homeowners. Rapidly declining home prices mean that nearly 300,000 of the state’s residents are now “underwater” on their loans, owing more than their homes are worth. A substantial portion of these homeowners have found it difficult to keep up with their payments. Thousands have already entered……
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