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800 Days Of Rent Free Living
According to Ivy Zelman, a Swiss credit analyst, the average number of days before the foreclosure notice is filed on a home after the borrower stops paying his or her mortgage is 417, thanks to a huge...
View ArticleGovernment is Holding 46% of All REO Property Nationwide
According to Radar Logic, the federal government is currently holding about 46 percent of the entire body of REO properties in the country[1]. This includes properties held by Fannie Mae, Freddie Mac,...
View ArticleForeclosures Push Home Ownership Down to Lowest since 1999
In the second quarter of 2010, a surge of foreclosures smashed homeownership levels, pushing the home ownership rate across the United States down to 66.9 percent, which is the lowest in over a decade,...
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