Hidden Backlog of Foreclosures

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U.S. foreclosure inventory up 9%, says RealtyTrac – and as a result lenders have been reviving more of these delinquent loans and pushing them into foreclosure over the past 12 months, particularly in states where a lengthy court process has resulted.

Hidden Backlog of Foreclosures | Phil's Stock World – But that also means that there is a hidden backlog of home loans in default that could end up in foreclosure. Moody’s Economy.com estimates that lenders will foreclose on 1.89 million homes in 2009, up from 1.43 million last year.

Solved: Issues do not appear in my backlog. –  · The whole point of having a backlog view is so you don’t pollute your active sprint column with the stuff in backlog, and for the items to only show up in your To Do after you moved them from your backlog. I am using the To Do as items that have been pulled into the Active Sprint from backlog, but has not been assigned for a developer.

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Economy of New England – Wikipedia – In 2011, three of the six states, Connecticut, Maine and Vermont, were among the ten states with the greatest backlog of foreclosures needing court processing, ranging from an estimated 20 years for Connecticut to 16 years for Maine. The U.S. average was eight years. References

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Foreclosure Woes Spread To Areas Once Thought Safe : NPR – 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.

Shadow Inventory: More Houses Will Soon Be Available For Sale. – A backlog of foreclosures are finally available for sale, but there is likely to be second wave of foreclosed homes since the foreclosure problem wasn’t solved, but delayed. You can expect REO listings and foreclosures to increase in the next coming years.

Hidden Backlog of Foreclosures – blogspot.com – Hidden Backlog of Foreclosures Posted by Michael Shedlock at 3:42 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

Mediation Courts May Ease Foreclosure Backlog – That still leaves the nation with a massive problem: Millions of properties in foreclosure – a backlog that has overwhelmed the courts in many states. In Florida, judges believe the answer may be.

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What Delays a Mortgage Foreclosure | Fox Business – The backlog in Florida has been so severe that the state has set up separate courts and brought in retired judges to handle foreclosure cases.