Mortgage Foreclosures

Mortgage Foreclosures

4.11 - 1251 ratings - Source

Entities responsible for managing home mortgage loans -- called servicers -- may initiate foreclosure proceedings on certain delinquent loans but then decide to not complete the process. Many of these properties are vacant. These abandoned foreclosure -- or qbank walkawayq -- properties can exacerbate neighborhood decline. This report assessed: (1) the nature and prevalence of abandoned foreclosures; (2) their impact on communities; (3) practices that may lead servicers to initiate but not complete foreclosures and regulatory oversight of foreclosure practices; and (4) actions some communities have taken to reduce abandoned foreclosures and their impacts. Charts and tables. This is a print on demand report.Additional Mortgage Servicer Actions Could Help Reduce the Frequency and Impact of Abandoned Foreclosures A. Nicole ... As of June 2010, an estimated 4.6 percent of the over 52 million first lien mortgages outstanding nationwide were inanbsp;...

Title:Mortgage Foreclosures
Author: A. Nicole Clowers
Publisher:DIANE Publishing - 2011-04

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA