Foreclosures

The recent rise in foreclosures is not related empirically to the distinction between subprime and prime loans since both sustained the same percentage increase of foreclosures and at the same time. ❋ Unknown (2008)

Regardless of the duration of the moratorium, a halt to foreclosures is necessary to ensure that the judicial system is not used to perpetuate and endorse fraud, and that our courts honor the due process rights of homeowners. ❋ Ray Brescia (2010)

The move follows a recent halt in foreclosures by several banks amid revelations that the industry used "robosigners" to approve hundreds of documents a day. ❋ Unknown (2010)

"The fraud in paperwork for foreclosures is highly pervasive," he said. ❋ Ariana Eunjung Cha (2010)

Buffalo never experienced a surge in foreclosures, and its market has remained relatively stable. ❋ Unknown (2010)

A decrease in foreclosures from 1.5 million to 800,000. ❋ Dan Dorfman (2010)

Delays in foreclosures could cause a profound cash-flow problem for Fannie and Freddie, said Karen Shaw Petrou of Federal Financial Analytics in a report. ❋ David S. Hilzenrath (2010)

Temporary halts in foreclosures have come periodically in the wake of the financial crisis. ❋ Brady Dennis (2010)

Meanwhile, the time to complete a foreclosures is growing. ❋ ROBBIE WHELAN (2010)

"Delays in foreclosures add cost and other burdens for communities, investors and taxpayers," the agency said. ❋ Zachary A. Goldfarb (2010)

But while the percentage of mortgages in foreclosures continues to rise in Florida, it is falling in California. ❋ Robbie Whelan (2010)

Florida and California have led the nation in foreclosures since the housing crisis began and both saw average home prices drop more than 50% between 2007 and 2009. ❋ Robbie Whelan (2010)