(IBD) Most Foreclosures Not On The Market; Pain To Last Years

Loans in foreclosure made up about 4% of all mortgages in August vs. the 1995-2005 average of just 0.53%, according to LPS Applied Analytics, which tracks the mortgage market. “This is unprecedented,” said Herb Blecher, senior vice president at LPS. … Continue reading (IBD) Most Foreclosures Not On The Market; Pain To Last Years