{"id":22238,"date":"2010-10-07T15:45:59","date_gmt":"2010-10-07T15:45:59","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ibd_most_foreclosures_not_on_the_market_pain_to_last_years\/"},"modified":"2010-10-07T15:45:59","modified_gmt":"2010-10-07T15:45:59","slug":"ibd_most_foreclosures_not_on_the_market_pain_to_last_years","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=22238","title":{"rendered":"(IBD) Most Foreclosures Not On The Market; Pain To Last Years"},"content":{"rendered":"<p>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.<\/p>\n<p>&#8220;This is unprecedented,&#8221; said Herb Blecher, senior vice president at LPS. &#8220;In the size and the scope of the problem we&#8217;re dealing with now, there is no historical comparison I&#8217;ve come across.&#8221;<\/p>\n<p>When loans with at least one past due payment are added in, the combined percentage of problem loans rose to nearly 14% of the total outstanding in the second quarter, said the Mortgage Bankers Association.<\/p>\n<p><a href=\"http:\/\/www.investors.com\/NewsAndAnalysis\/Article\/549651\/201010061918\/Most-Foreclosures-Not-On-The-Market-Pain-To-Last-Years.aspx\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &#8220;This is unprecedented,&#8221; said Herb Blecher, senior vice president at LPS.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=22238\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,600,596],"tags":[],"class_list":["post-22238","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-housingreal-estate-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22238"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22238\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}